Latest
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Maya MacGuineas: How to Keep the Government Running When Lawmakers Fail To Do Their Job
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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The Two Factors That Explain the Improvement in the Budget Outlook
Read moreThis year's Congressional Budget Office (CBO) budget outlook was a slight improvement over last April's, although it still shows a troubling outlook...
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CBO: Debt-to-GDP Will Double in Three Decades
Read moreCBO’s latest baseline projected that current law debt will rise rapidly from today’s post-war record-high levels over the next decade. Buried further...
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Erskine Bowles: Americans are being left behind. Here's how we fix it.
Read moreMany Americans are being left behind by today’s modern, global economy, and they are justifiably angry about it.
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Analysis of CBO’s January 2019 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its Budget and Economic Outlook today, projecting high and rising deficits and debt over the next...
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CBO Budget Projections Show Bleak Outlook
Read moreThe Congressional Budget Office (CBO) has released its 2019 budget and economic projections, and the budget outlook is very bleak. CBO's baseline...
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CBO: Debt Still on Unsustainable Path
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade this morning, which warned...
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The Longest Shutdown Has Hit Consumer Sentiment the Hardest
Read moreIt's not just the economy that's taken a hit from the partial shutdown of the government. Consumer confidence has taken a dip as well, falling more...
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A (Very Small) PAYGO Sequester is Scheduled To Happen
Read moreSmall automatic cuts may be coming soon because Congress added to deficits last year. An $800 million (0.1 percent cut) was supposed to go into effect...
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Shutdown Is Bad; So Is More Borrowing
Read moreFor Immediate Release The Senate is voting on two different plans to re-open the government this afternoon. One version would increase deficits by...
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The Government Shutdown Could Wipe Out Recent Stimulus Effects on This Quarter
Read moreThe current government shutdown has lasted long enough to temporarily erase all the positive stimulus effects of recent major legislation. Chairman of...
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The Shutdown's Economic Toll Equals the Average Hurricane
Read moreThe current government shutdown is the economic equivalent of a self-imposed natural disaster. As the 32nd day of the longest government shutdown in...