Budgets & Projections
Latest
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CBO Estimates the Senate Immigration Bill
Yesterday, the Congressional Budget Office released two analyses, a cost estimate and an economic analysis, of the Senate's immigration bill -- S.744...
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The Debt Won't Magically Solve Itself
Over the past few weeks, we've seen a common argument in favor of turning away from solving our long-term debt problem due to short-term improvements...
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Stimulus Provisions Updated: Extended or Not?
The economic stimulus package enacted in 2009 is now four years behind us. According to recovery.gov, $796 billion has been disbursed as of the end of...
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IMF Emphasizes Need Smarter Deficit Reduction Strategy
After finishing its preliminary annual review of the U.S., the International Monetary Fund (IMF) concluded the U.S. could spur additional economic...
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Op-Ed: Hey, Where Did Our Economy-Threatening Fiscal Crisis Run Off To?
Brookings | June 12, 2013 Federal policy makers always seem to be looking for reasons to dodge the difficult choices necessary to avoid the fiscal...
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No, the New Simpson-Bowles Plan Does Not Call for More Austerity Than the Old One
We have already responded twice to a wrong-headed call from the Center for American Progress to abandon pursuit of a debt bargain in favor of...
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Op-Ed: Austerity, Stimulus, and Hidden Agendas
The Government We Deserve | June 11, 2013 Nothing better exemplifies our gridlock over the future of 21st century government, as well as how to...
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Op-Ed: Fixing the Federal Debt Demands a Comprehensive Approach
Arizona Capitol Times | June 10, 2013 Our federal budget is on a destructive and dangerous path. It is vital for our leaders to find a solution to our...
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Washington Post Makes the Case for Fiscal Space
When the financial crisis began at the end of 2007, it soon became clear that the government would need to run higher deficits in response. Tax...
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Reset the Fiscal Debate, But Towards a Comprehensive Fiscal Plan
In a new paper, the Center for American Progress's Michael Linden makes the case for resetting the fiscal debate. His main point is that given...
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Gale on Deficit Optimism
As we've said before, while the new budget projections from the CBO are an encouraging sign, it is easy to be overly optimistic about what the...
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Report: What We Expect From the Upcoming Fiscal Discussions
Note: The FY 2013 post-sequester numbers in Figure 1 have been corrected from the original version of this paper.