Budgets & Projections
Latest
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Deficits are a First-Order Problem
Yesterday, Former Treasury Secretary and director of the National Economic Council Larry Summers argued that “budget deficits are now a second-order...
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Marc Goldwein: Don’t Believe the Myth That Debt Problem is a Myth
With the recent improvement in medium-term budget projections, some are trying to advance the myth that our debt problems have been solved. But as we...
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Op-Ed: Don’t Believe Myth That Debt Problem is a Myth
The Weekly Wonk | October 10, 2013 Last week, the government of the richest and most powerful nation in the world shut off its lights and closed its...
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Op-Ed: A Way Out Possible
The Hill | October 9, 2013 We are on a collision course with financial calamity. A first-time-ever failure to extend the federal debt limit would lead...
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One-Month T-Bill Shows Market Skittishness
As we continue to approach the October 17 deadline when the Treasury Department estimates that extraordinary measures will be exhausted, leaving...
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George Voinovich: Congress Shouldn't Get Paid After Letting Down the Country With Latest Shutdown
In an op-ed in the Cleveland Plain Dealer yesterday, former Senator George Voinovich (R-OH) criticized the current Congress not just for the ongoing...
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Government Shutdown Limits Budget Data, Too
Last week, we noted that the furlough of "non-essential" employees at the Congressional Budget Office due to the government shutdown could halt the...
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Op-Ed: If Congress Won't Lead, Others Must
Star Tribune | October 5, 2013 Here we are again, watching as our national leaders engage in another fiscal fistfight. Partisan rancor, sadly, is now...
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The CR and the Medical Device Tax (Take Two)
As Congress negotiates a proposal to pass a continuing resolution and reopen the government, they may enact other policy at the same time. One such...
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Government Shutdown Limits Budget Options (Literally!)
The government is still shut down, the debt ceiling is fast approaching, and the need to put our debt on a sustainble path remains. This environment...
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Op-Ed: American Nightmare
Public Finance International | October 1, 2013 The US government, and large parts of American society, have strayed from the principles and values on...
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(Un)happy Fiscal New Year!
Today, October 1st, marks the first day of the 2014 fiscal year for the government, and the first day of a government shutdown in which 40 percent of...