Debt & Deficits
Latest
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Make Your Own Deficit Reduction Plan!
All eyes are on Washington, as we see what the White House and the Congress agree on to avert the fiscal cliff and begin to tackle our debt. While we...
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Myth Buster: Those Who Advocate for Deficit Reduction Should Love the Fiscal Cliff
In the first of our "Myth Buster" series this week, we take on the myth that those who advocate for deficit reduction should love the fiscal cliff. We...
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What Works and What Doesn't for Deficit Reduction
The IMF's most recent World Economic Outlook has a very helpful chapter looking at six case studies on countries who have dealt with a high debt...
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Report: CBO’s Long-Term Budget Outlook
Correction: This paper originally stated that the Social Security trust fund is projected to be exhausted in 2033. The combined Social Security and...
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When It Comes to Deficit Reduction, Timing Matters
The news that Britain has entered into a double-dip recession touched off a fierce debate last week over the role of austerity in the country's...
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CBO’s Projections Show Need for Smart, “Go Big” Approach: Comparing Major Debt Reduction Plans
CRFB has published an updated version of this comparison chart on its blog, The Bottom Line.
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The Cyclical Economic Effects on the Deficit
In a letter to Rep. Chris Van Hollen (D-MD), the ranking member of the House Budget Committee, CBO Director Douglas Elmendorf estimates the cyclical...
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CRFB on President Obama's Deficit Reduction Plan
With the release of President Obama's deficit reduction plan this morning, CRFB has put out a press release commenting on the proposal. We note that...
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