Budgets & Projections
Latest
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Has the Deficit Been Cut in Half?
Last night, President Obama gave his State of the Union address to Congress, which mentioned fiscal policy on a several occasions. As one of the...
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Growth and Deficit Reduction Are Not Incompatible
Yesterday in an interview on CNBC's Squawkbox, former Treasury Secretary Larry Summers chimed in again on his views that boosting economic growth...
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CBO's "Approaches to Reducing Federal Spending on Military Health Care"
Military personnel costs continue to increase as a share of the defense budget. One of the fastest growing components is military health care, where...
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Winners and Losers from the Omnibus Legislation
Last month's Ryan-Murray budget deal set overall spending levels for the government at $1.1 trillion, but it did not set specific spending levels for...
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The Omnibus Bill Has Passed the House
Lawmakers in the House moved quickly to pass the omnibus appropriations bill released two days ago with a 359-67 vote. Earlier in the day, the Senate...
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War Spending in the Omnibus Bill
Among the many things we noted yesterday on the blog about the omnibus appropriations bill was the similarity between war spending in the bill and in...
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Op-Ed: Helping the Budget $150 Billion at a Time
The Hill | January 14, 2014 By all accounts, 2014 is unlikely to be the year of the grand bargain…or anything close. Neither the President nor any of...
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Understanding the "Omnibus" Appropriations Bill
Last night, Congressional appropriators unveiled a $1.1 trillion omnibus appropriations bill that would fund the government for the rest of FY 2014...
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UI Offsets a Good Start, But Fall Short
Today, the Congressional Budget Office released their score of the proposal from Majority Leader Harry Reid (D-NV) to renew extended unemployment...
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2013 SAVE Award Announced
Since 2009, the White House has held an annual contest for federal employees to submit their money saving ideas, called the SAVE Award (which stands...
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CBO 95 Percent Confident Social Security Trust Fund Runs Out in 25 Years
CBO's Long-Term Budget Outlook contains significant amounts of helpful data on Social Security. However, a lot of the data focus on just the outlays...
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Op-Ed: Don't Be So Quick To Dismiss The Paul Ryan-Patty Murray Budget Deal
Forbes | December 18, 2013 The Congressional Budget Conference Agreement is a paradox. On its face it is underwhelming. It ignores the pressing long...