CBO/JCT
Latest
-
Will We Have a Lower Deficit This Year Than Last Year?
Budget projections are a rather fickle thing, especially in the midst of great uncertainty about the strength of the economic recovery. By accident...
-
CBO Scores the Reid and Boehner Plans
Update: CBO has just released its own comparison table of the Reid and Boehner plans, where it now breaks out the war and non-war interest savings...
-
CBO on Selling Excess Federal Property
Many of the fiscal plans produced over the last several months -- including the Gang of Six plan and the President’s budget -- propose selling excess...
-
The Decisions Behind Getting to a Sustainable Debt Path
Although this idea isn't brand new, CBO director Doug Elmendorf has a blog post that concisely illustrates the trade-offs that must be made in order...
-
Deficit Reduction Helps the Economy, But It Isn't Just a Counting Exercise
CBO recently released its analysis of a hypothetical deficit reduction plan's effect on the economy. They use a $2.4 trillion deficit reduction plan...
-
Projecting Defense Spending
In a recent report, CBO estimated the base defense budget from 2012 out through 2030 using the Defense Department's Future Years Defense Program (FYDP...
-
Understanding the Long Term Budget Projections
As if we didn't have enough on CBO's Long Term Outlook last week, we have more long-term budget projections, this time in the form of CRFB's Realistic...
-
CBO Makes the Case for Strict Pay-As-You-Go (PAYGO) Rules
In their recent Long Term Outlook, CBO shows the nation to be on an unsustainable fiscal path if we continue our current policies. Under its...
-
The Economic Effects of High Debt
Continuing our analysis of CBO's Long-Term Outlook, we looked yesterday at the policy assumptions under CBO's two budget paths and at spending and...
-
CBO's Elmendorf to Testify Before House Budget Committee at 10am Today
At 10am today, CBO director Doug Elmendorf will testify before the House Budget Committee on CBO's latest Long-Term Budget Outlook, released yesterday...
-
Health Care Versus Aging
As we explained in our recent analysis of CBO's Long-Term Budget Outlook, the debt is on an unsustainable path. Only a decade from now, under their...
-
Spending and Revenue in the Long Term Outlook
Spending and revenues in the long-term outlook is always an interesting topic to discuss. Just like with debt, you find words and phrases like...