CBO/JCT
Latest
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Is the 2014 Budget Meeting Expectations?
The Congressional Budget Office (CBO) is set to update its budget and economic projections tomorrow, laying out the fiscal picture for the next ten...
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JCT Identifies $1.2 Trillion in Tax Breaks This Year
As lawmakers fight over whether to extend and expand expired tax breaks or create new ones, the Joint Committee on Taxation (JCT) this week updated...
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Actually, Paul, the Debt is Still a Problem
In a recent New York Times column, economist Paul Krugman argued that the focus on the national debt represented “an imaginary budget and debt crisis...
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Economic Effects of the President's Budget: It's All About Immigration Reform
In its release this week of the economic effects of the President's budget, CBO found it would increase the size of the economy, mainly due to...
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How to Deal With Budget Projection Uncertainty
In our series on the long-term budget outlook, we covered how debt projections would change if some of CBO's economic and technical assumptions turned...
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CRFB's Maya MacGuineas on the Long-Term Budget Outlook
This week, CRFB President Maya MacGuineas appeared on Bloomberg Television to discuss the CBO's Long-Term Budget Outlook and how imperative it is for...
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Quantifying the Cost of Waiting to Address Debt
The Congressional Budget Office's (CBO) Long-Term Budget Outlook shows a clearly unsustainable debt path over the long term, one that policymakers...
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CBO: Social Security Trust Fund To Be Exhausted 1 Year Earlier, in 2030
One of the biggest stories of last year's long-term outlook was the deterioration in Social Security's financial picture. Largely due to CBO's...
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CBO Releases 2014 Long-term Outlook
Earlier today, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. Although CBO normally makes ten-year projections...
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CRFB Analyzes the CBO Long-Term Outlook
CBO's Long-Term Budget Outlook is a long and detailed 140-page document – filled to the brim with facts, figures, scenarios and assumptions – and...
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Report: The 2014 CBO Long-Term Budget Outlook
The Congressional Budget Office (CBO) today released its 2014 Long-Term Budget Outlook, detailing the budget picture for the next 75 years. The report...
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Senate Finance Committee Hearing on Transportation Funding
The Senate Finance Committee held a hearing May 6th titled, “ New Routes for Funding and Financing Highways and Transit.” During the hearing Senators...