Latest
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The Washington Post on Why We Must Address Long-Term Debt
Yesterday, the Washington Post Editorial Board published an editorial urging lawmakers to use the looming shutdown as an impetus to come up with a...
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CBO Still Unsure Whether Recent Health Care Slowdown Means Lower Long-Term Growth
Update: The second graph has been corrected to show the correct year for each line. It is no secret that the growth of federal health care spending is...
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Event Recap: CRFB Hosts 'Defining Moments in Debt'
On September 18, CRFB hosted "Defining Moments in Debt," a panel discussion at the Captial Visitor Center about the many impending "fiscal speed bumps...
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MY VIEW: David Walker September 23, 2013
It's the first week of fall, and that means the end of the fiscal year is drawing to a close. Unfortunately, we still do not have a bill funding the...
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Op-Ed: Weak Leaders Fumble the Public Purse
Washington Times | September 23, 2013 The past decade has been a disaster when it comes to fiscal stewardship and political leadership. Our official...
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Peters Introduces Constructive Budget Process Reforms
With the debt limit approaching and another showdown looming, the focus of some policymakers may naturally turn to how to avoid a similar potentially...
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The Tax Break-Down: Accelerated Depreciation
This is the eighth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform. Last...
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What Do High Debt Levels Do To Our Economy?
Politicians and economists have long talked about the negative effects of an accumulating national debt, but cannot always quantify their position...
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Congressman Ribble Calls for Action on Social Security
Recently, Congressman Reid Ribble (R-WI) sent a letter to his colleagues in Congress calling for them to use the upcoming fiscal discussions to push...
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Senator Mike Lee Introduces Tax Reform Plan
On Tuesday, Senator Mike Lee (R-UT) presented his Family Fairness and Opportunity Tax Reform Act, which will be introduced in the coming days. Senator...
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What Happened to the Alternative Fiscal Scenario?
Update: CBO has now released its official Alternative Fiscal Scenario estimates (tab 6 of the Excel). They find that debt reaches 165 percent of GDP...