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Updated Q&A: Everything You Should Know About the Debt Ceiling
Read moreNote: We have updated this Q&A. A new version is available here. Attention is turning towards raising the federal debt ceiling, which will be...
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CBO Shows Deteriorating Budget and Economic Projections
Read moreThe Super Bowl was held last Sunday, and the Olympics are coming up in a few days, but the biggest event this week happened today as CBO released its...
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Report: Analysis of CBO’s 2014 Budget and Economic Outlook
Read moreNote: The paper's mention of the change in deficits from 2015 to 2024 has been corrected.
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Sources of Spending Growth in CBO's Baseline
Read moreThe CBO's baseline released today shows how spending is expected to grow over time and where that growth occurs in the federal budget. In general...
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Brookings to Start New Series on the Budget Process
Read moreNote: This blog has been updated to talk about the first blog post in the series. For those in the budget world, today is not just the day after the...
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Marcus: Silence on Fiscal Issues in SOTU is Regrettable
Read moreIn an op-ed in the Washington Post, columnist Ruth Marcus laments the lack of discussion of fiscal issues in President Obama's State of the Union...
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Three Senate Republicans Propose to Repeal and Replace Obamacare
Read moreSenators Richard Burr (R-NC), Orrin Hatch (R-UT), and Tom Coburn (R-OK) recently released a legislative proposal that would repeal and replace the...
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Line Items: State of Flux Edition
Read moreMaking a Statement – President Obama gave the State of the Union address on Tuesday. While he presented an optimistic message of action to promote...
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No Games With the Debt Limit
Read moreWhen Congress ended the government shutdown last October, they also suspended the debt ceiling through February 7th, which is now only a week away...
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The Budgetary Effect of the State of the Union
Read moreWhile the President's 2014 State of the Union address largely eschewed talking about fiscal policy directly, it did touch on a number of proposals...
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Conference Agreement on Farm Bill Emerges
Read moreThe threat of the " dairy cliff" is receding. On Monday, lawmakers in the farm bill conference committee emerged with an agreement that would save $17...
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Has the Deficit Been Cut in Half?
Read moreLast night, President Obama gave his State of the Union address to Congress, which mentioned fiscal policy on a several occasions. As one of the...