Debt & Deficits
Latest
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CBO Continues to Show Unsustainable Debt Path
In advance of the release of their analysis of the President's budget, the Congressional Budget Office (CBO) has updated their budget baseline for...
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Comparing Debt Under the FY2015 Budgets
Budgets for the upcoming fiscal year have been released from the White House, House Republicans, House Democrats, the Republican Study Committee, the...
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House Hearing on 'Why Debt Matters'
The House Financial Services Committee held a hearing this morning on " Why Debt Matters," which included testimony by Honeywell CEO Dave Cote, former...
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How Low Could Debt Go?
We talked last week about several policies making their first appearance in the President's budget. What we didn't mention is that in addition to...
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Deficit Reduction Proposals in the President's Last Budget
Tomorrow, President Obama will release his FY2015 budget, which will detail his visions and priorities for the upcoming years. In previous years, the...
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Why Did the Deficit Drop in 2014? Part 2
At the beginning of the month, the Congressional Budget Office released its annual report on the federal budget, which showed that the deficit is...
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CBO Continues to Say the Debt Will Be a Problem for Economic Growth
In its February 2014 Budget and Economic Outlook, CBO continued its previous warnings from last year's February outlook and September's long-term...
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Why Did the Deficit Fall in 2014?
Yesterday, the Congressional Budget Office released its annual report on the federal budget, which outlines their projections of all federal spending...
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How Much Worse are Deficit Projections?
Yesterday, the Congressional Budget Office (CBO) reported a significantly bleaker fiscal picture than they had projected just last year, with debt now...
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Report: Analysis of CBO’s 2014 Budget and Economic Outlook
Note: The paper's mention of the change in deficits from 2015 to 2024 has been corrected.
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Has the Deficit Been Cut in Half?
Last night, President Obama gave his State of the Union address to Congress, which mentioned fiscal policy on a several occasions. As one of the...