Latest
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Economic Effects of the President's Budget: It's All About Immigration Reform
In its release this week of the economic effects of the President's budget, CBO found it would increase the size of the economy, mainly due to...
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How to Deal With Budget Projection Uncertainty
In our series on the long-term budget outlook, we covered how debt projections would change if some of CBO's economic and technical assumptions turned...
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Pension Smoothing Does Not Reduce the Deficit
In the coming days, the Senate will vote on the House-passed measure to replenish the Highway Trust Fund. The bill is a last-ditch effort to prevent...
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Trust Fund Insolvency Dates Are Approaching Fast
Although most of our analysis of CBO's Long-Term Budget Outlook has focused on debt projections, CBO also makes projections about the solvency of...
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What If...
Any budget projection is inherently uncertain, and that uncertainty is magnified when the projection period is extended to 25 or 75 years, as the...
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Budget Act at 40: BPC Hosts Panel Discussion
The Bipartisan Policy Center held an event Tuesday commemorating the 40th anniversary of the Congressional Budget Act, which became law on July 12...
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CBO: Consequences of a Growing National Debt
In addition to showing the path of future debt, CBO's Long-Term Budget Outlook described the consequences of a large and growing federal debt. The...
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Judd Gregg: Easier to add debt than choose
Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...
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Kent Conrad and Judd Gregg: The Two Budgeteers: All for One in Effort to Update Budget Act
Kent Conrad, a former Democratic senator from North Dakota, and Judd Gregg, a former Republican senator from New Hampshire, are both former chairmen...
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CRFB's Maya MacGuineas on the Long-Term Budget Outlook
This week, CRFB President Maya MacGuineas appeared on Bloomberg Television to discuss the CBO's Long-Term Budget Outlook and how imperative it is for...
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Dissecting the Good Health Care Spending News in CBO's Long-Term Outlook
The Congressional Budget Office’s (CBO) new Long-Term Budget Outlook presents plenty of good news on Medicare costs yet still highlights the role that...
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High Debt Drags Down The Economy
New calculations in the Congressional Budget Office's Long-Term Budget Outlook show that the high debt projected under current law could diminish...