Latest
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$2.2 Trillion is the New $2.4 Trillion
In February, we wrote the paper " Our Debt Problems Are Far From Solved," laying out the case for putting debt on a clear downward path as a percent...
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Line Items: Sequester Gestures Edition
Side-Stepping Sequestration – It was as predictable as the Washington Capitals blowing a playoff series lead. Lawmakers are looking to carve out...
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CBO Updates Economic and Budget Outlook
Today, the Congressional Budget Office has released an update to its budget outlook from February. With little legislative changes since February, the...
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Budget Reforms Come to the Forefront in the House Budget Committee
Last week, the House Budget Committee released a package of budget process reforms consisting of seven different pieces of legislation. Four of these...
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CBO Releases Updated Estimate of Farm Bills
Update: This blog has been updated to include numbers from the CBO score of the House farm bill. As we have written previously, the American Taxpayer...
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MY VIEW: Ed Rendell
With previously enacted deficit reduction and the economic recovery helping our short-term fiscal outlook, it may be tempting for lawmakers to put the...
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Op-Ed: Sequester Signals Need for Real Deficit Reduction
Politico | May 13, 2013 It seems the debt deniers are back. If recent news reports are any indication, there is a growing sentiment that after...
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Going Abroad: Senate Finance's International Tax Options Paper
Conveniently, the same day that House Ways and Means and Senate Finance Committee chairs Rep. Dave Camp (R-MI) and Sen. Max Baucus (D-MT) published a...
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Martin Neil Baily and Glenn Hubbard Make A Case for Chained CPI
Two former Chairman of the Council of Economic Advisors, Martin Neil Baily of the Clinton Administration and Glenn Hubbard of the Bush Administration...
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Op-Ed: A Bipartisan Case for Chained CPI
The Hill | May 9, 2013 Over the last few days, politically driven critics have called on the president to abandon his support for changing the way the...
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Reinhart and Rogoff Release Errata
Economists Carmen Reinhart and Kenneth Rogoff of Harvard University have issued an erratum to their 2010 paper, “ Growth in a Time of Debt.” Their...