Debt Ceiling
Latest
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GAO: The Debt Limit Fight Cost the Treasury $1.3 Billion
With the debt ceiling projected to come back in play sometime in December or January, it is helpful to be reminded of the cost of the last debt...
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'Line' Items: Super Bowl Edition
Super Not So Duper – The word “super” has lost its luster lately. The failure of the Super Committee and the need for a super majority in the Senate...
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'Line' Items: State of the Union Edition
Stating the Obvious – President Obama delivers the State of the Union address Tuesday evening. The SOTU is the annual rite where presidents attempt to...
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‘Line’ Items: Playoff Edition
Playoffs in Full Swing – The Packers packed it in; the Broncos got busted; the Saints went marching out; and Houston had a problem as the NFL Playoffs...
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‘Line’ Items: Downturns and Downgrades Edition
Downers – Markets were down last week on fears that the European debt crisis was spreading and that the U.S. recovery was slowing down. These losses...
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CRFB Board Members Offer Thoughts on Debt Deal
The debt deal signed into law by President Obama on Tuesday has provoked all kinds of reactions from the media, the public, and lawmakers ( click here...
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New York Times' David Leonhardt on The Colbert Report
Last night on The Colbert Report, David Leonhardt of The New York Times talked about the debt deal recently signed into law and why it's not enough to...
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Congress Approves Debt Ceiling Deal
Update: President Obama has signed the deal into law. Washington took the debt limit to the edge as the Senate voted today, 74-26, to enact the...
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Erskine Bowles, Alan Simpson, and Maya MacGuineas: Who Won and Lost in the Debt Deal?
In today's Washington Post, several contributors offered their thoughts on the recent debt deal reached by leaders in Washington to raise the debt...
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Agreement on Debt Limit Increase
We have a deal (pending votes, of course). ( UPDATE: CRFB has a press release on this deal here) Last night, the leaders from both parties announced a...
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‘Line’ Items: Deadlines, Deadlock and Deals Edition
Breakthrough? – There were tough negotiations. Deals were made. Big names were moved. It wasn’t just the MLB and NFL that saw frenetic action ahead of...
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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...