Budgets & Projections
Latest
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Falling Deficit is Not a Sign of Fiscal Sustainability
With the Congressional Budget Office's (CBO) year-end Monthly Budget Review having been released, we published a report today showing what the 2014...
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Medicare Registers Fourth-Lowest Growth Rate in Program History in 2014
With today's release of the Congressional Budget Office's (CBO) final Monthly Budget Review for Fiscal Year (FY) 2014, many will be focused on the...
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Concord: Key Questions to Ask Candidates About Our Fiscal Future
The national debt is currently twice the historical average, and will grow unsustainably until Congress makes responsible changes. Voters should be...
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Hiatt: There Hasn't Been a Deficit Victory
In an op-ed in the Washington Post yesterday, editor Fred Hiatt pushed back on assertions by the Obama Administration that they have won over the...
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A Drama-Less Happy Fiscal Year!
The calendar turns over for the federal government today as FY 2015 is underway. Unlike last year, which started with the government being shut down...
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More Interesting Charts from CBO Director Elmendorf's Presentation
Earlier in the week, we highlighted a portion of CBO Director Doug Elmendorf's presentation at Cornell University highlighting the increased resources...
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Elmendorf: Health Care, Social Security, and Interest Spending Will Consume More of the Budget
In a recent presentation at Cornell University, CBO Director Doug Elmendorf explained how the budget is projected to change over time. More resources...
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House Jobs Plan Doesn't Work for the Deficit
House Republicans plan to vote this week on a jobs package combining bills that would "build a robust economy and foster job creation." While...
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Rendell: Progressives Should Get Serious About Cutting Nation’s Debt
Former Pennsylvania governor and Fix the Debt Campaign co-chair Ed Rendell (D) has penned an op-ed arguing that progressive candidates should care...
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CFR: U.S. Falling Behind Other Advanced Countries on Debt
The Council on Foreign Relations has released a new report and scorecard comparing the United States federal debt situation to other G-7 countries...
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Separating "Current Law" from A "Do Nothing" Baseline
CBO’s baseline budget projections are often referred to as “current law” since they generally assume Congress continues the laws as they are written...