Debt Ceiling
Latest
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Two Months, Four Fiscal Speed Bumps to Deal With
We are coming down the home stretch of calendar year 2015, with only a little more than two months left. Lawmakers will have to get to work as they...
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GAO: 2013 Debt Limit Showdown Shows Need to Consider Reform
Last week, the Government Accountability Office (GAO) released a new report to Congress on the debt limit, showing that the failure to raise the debt...
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Update: Fiscal Speed Bumps
Congress sped through this year's second and third " Fiscal Speed Bumps" in March, ignoring the return of the statutory debt limit (though the hard...
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The Debt Ceiling Returns...and 10 Ways to Reform It
The federal government will reach its second Fiscal Speed Bump today, as the debt ceiling will be reinstated after having been suspended since last...
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The Better Budget Process Initiative: Improving the Debt Limit
For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page.
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Update: Impending Fiscal Speed Bumps
Congress approached and addressed the first impending " Fiscal Speed Bump" this week, cleanly funding the Department of Homeland Security (DHS) with...
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CBO and BPC Predict Debt Ceiling Deadline Not Until the Fall
October or November -- that's the deadline by which the nonpartisan Congressional Budget Office (CBO) predicts lawmakers must increase the debt...
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Fiscal Speed Bumps Will Keep the New Congress Busy
Although the 114th Congress is just getting settled, it will have to move quickly to address a series of deadlines with serious policy and fiscal...
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Alternatives for Measuring the Federal Deficit
One of the wonkier fiscal debates that arises from time to time concerns the accounting method used to measure the size of the budget deficit. This...
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Debt Ceiling Watch 2014
In order to avoid bumping up against the statutory debt ceiling, the Department of the Treasury has begun undertaking a number of so-called...
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Mixed News on the House Military COLA Bill
With the debt ceiling having been reinstated last Friday, lawmakers are scrambling to come up with legislation to lift or suspend it again before...
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Everything You Needed to Know About the Debt Ceiling, Part 2
Yesterday, we updated our Q&A: Everything You Needed To Know About the Debt Ceiling to reflect the newest date for the debt ceiling, which will be...