Budgets & Projections
Latest
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Short-Term Deficits May Be Shrinking, But Long-Term Problem Remains
Read moreUpdate: This blog has been updated to include the Mid-Session Review and CBO projections for the 2013 deficit. Yesterday, the Treasury Department and...
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Wessel: Why It's Wrong to Dismiss the Deficit
Read moreTwo weeks ago, we responded to a Larry Summers op-ed calling for a focus on growth rather than deficits. Yesterday, Wall Street Journal economics...
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Jim Nussle: For Budget Conference, Start With The Pizza
Read moreToday was the first meeting of the budget conference committee negotiating over this year's discretionary spending levels. Although the first meeting...
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The Budget Conference Committee's First Meeting
Read moreThe first meeting of the budget conference committee is today! The committee will have a month and a half to reconcile the House and Senate-passed...
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Op-Ed: Stop the Madness, Start Discussing Long-Term Solutions to Debt Issues
Read moreThe Hill | October 29, 2013 The recent budget showdown was both completely predictable and totally avoidable, as was the resulting damage to our...
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Could Faster Growth Solve Our Debt Woes?
Read moreA number of commentators have suggested recently that our budget problems could be solved if only we focused more on promoting economic growth...
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The Budget Crisis Is Over (Temporarily), But Another Is Coming Soon
Read moreForbes | October 25, 2013 Each house passed a budget for FY 2014. Those budgets were miles apart but neither house showed any interest in negotiating...
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CBO Lowers Estimate for Increasing the Medicare Eligibility Age
Read moreYesterday, the Congressional Budget Office (CBO) dramatically lowered its estimate of savings if policymakers chose to increase the Medicare...
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Op-Ed: A Fair Trade for Entitlement Reform Includes Increased Revenue
Read moreThe Washington Post | October 25, 2013 The Post’s Oct. 20 editorial on the budget challenge [ “A fiscal quid pro quo”] made important points but was...
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Q&A: Everything You Need to Know About a Budget Conference
Read moreThis year, Congress made it a priority to pass a concurrent budget resolution. Both the House of Representatives and Senate passed their own budget...
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Q&A: Everything You Should Know About the Conference Committee
Read moreAs part of the bipartisan deal to end the government shutdown and avoid default, a budget conference was established. The purpose of this conference...
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Taking Another Look at the Fiscal Speed Bumps Ahead
Read moreWith a deal on the appropriations bill last week, the government has been reopened and a default has been avoided. But the reality is that lawmakers...