Latest
-
Quantifying the Cost of Waiting to Address Debt
The Congressional Budget Office's (CBO) Long-Term Budget Outlook shows a clearly unsustainable debt path over the long term, one that policymakers...
-
CBO: Social Security Trust Fund To Be Exhausted 1 Year Earlier, in 2030
One of the biggest stories of last year's long-term outlook was the deterioration in Social Security's financial picture. Largely due to CBO's...
-
Without Budget Discipline, a Spending Spree Ensues
Budget rules require new policies to be paid for with savings elsewhere in the budget. Policymakers must balance the new policy against the choices...
-
-
CBO Releases 2014 Long-term Outlook
Earlier today, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. Although CBO normally makes ten-year projections...
-
CRFB Analyzes the CBO Long-Term Outlook
CBO's Long-Term Budget Outlook is a long and detailed 140-page document – filled to the brim with facts, figures, scenarios and assumptions – and...
-
CRFB Examines the Budget Process At Age 40
Yesterday, the Commmittee for a Responsible Federal Budget released a paper detailing the problems with the federal budget process. In light of the...
-
Report: The 2014 CBO Long-Term Budget Outlook
The Congressional Budget Office (CBO) today released its 2014 Long-Term Budget Outlook, detailing the budget picture for the next 75 years. The report...
-
How Much of a Payroll Tax Increase Would It Take to Fix Social Security?
Around this time of year, the Social Security Trustees usually issue their report on the status of the program over the next 75 years. In advance of...
-
The Budget Act at 40: Time for a Tune Up?
For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page. Forty years ago...
-
Bipartisan Agreement on Gimmicks to Fund the Highway Trust Fund
Both the House Ways and Means Committee and the Senate Finance Committee approved legislation on Thursday to fund a short-term patch for the Highway...
-
Mid-Session Review Shows Worse Outlook for President's Budget
The Office of Management and Budget (OMB) this afternoon released the Mid-Session Review, updating its budgetary and economic estimates for the...