OMB
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OMB Releases Mid-Session Review
OMB has just released its Mid-Session Review, incorporating the effects of the Budget Control Act and the Super Committee's target savings into its...
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OMB Asks for Agency Cuts in 2013
On OMB's blog, OMB director Jack Lew talked about his instructions to agencies to cut 5 percent off their 2011 budget for their FY 2013 request. In...
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OMB Attacks Improper Payments Again
We talked a lot last year about OMB efforts to improve government efficiency, culminating in the Improper Payment Elimination and Recovery Act in July...
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We Could've Told You...
Last week, CBO showed that the President's Budget was way too optimistic about its projections of deficits and debt. But CBO's findings would not have...
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What We Know About the President's Budget
Updated February 10th to include National Infrastructure Bank.* As the budget world waits for the FY 2012 Budget on Monday, some new proposals from...
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OMB Director in New York Times: "The Easy Cuts Are Behind Us"
OMB Director Jack Lew previewed President Obama’s FY2012 budget in an op-ed published in Sunday’s New York Times. The title of the piece, "The Easy...
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What We'd Like to See in the President's Budget
While all eyes (for now) are on the President's State of the Union address tomorrow night, the true test of President Obama's fiscal priorities will...
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CRFB Board Member James T. Lynn Dies
James T. Lynn, a member of the Committee for a Responsible Federal Budget board and former budget director in the Ford administration died Dec. 6 in...
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The FY 2010 Deficit
Treasury and OMB released the final deficit number for FY 2010 on Friday: $1.294 trillion. While $120 billion lower than last year's deficit, it still...
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‘Line’ Items: BCS Edition
Loads of BCS – The first edition of this season’s rankings from the much-maligned BCS is now out. The system uses computer algorithms and polls to...
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‘Line’ Items: (Fiscal) New Year’s (Lack of) Resolutions Edition
Should Old Performance be Forgot, and Never Brought to Mind? – The new fiscal year (2011) began on Friday. Instead of imbibing in champagne, CRFB...
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Lew: 'We Must Put Our Nation Back on a Sustainable Fiscal Course'
Yesterday, the Senate Budget Committee held a hearing on Jacob Lew’s nomination as the new head of the Office of Management and Budget, where he...