Latest
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Jonathan Rauch Calls for Simpson-Bowles
In yesterday's Washington Post, Jonathan Rauch writes that President Obama should propose a bill, that would among other things, tackle long-term debt...
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Short-Sightedness on Display: Changes to Pension Insurance Risk Great Future Costs
Keith Hennessey examines a provision of the two-year transportation bill that may have reduced deficits on paper, but only by potentially increasing...
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The Budgetary Impact of States Opting Out of the Medicaid Expansion
Last week, the Supreme Court released its ruling on the constitutionality of the Patient Protection and Affordable Care Act (PPACA). As the initial...
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Zero-Sum Doesn't Quite Cut It
The New York Times has an article today entitled " In Washington’s New Mood of Austerity, Legislating Turns Into a Zero-Sum Game," detailing how the...
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David Cote Makes the Case for a Fiscal Fix
In an appearance on Bloomberg TV, Honeywell CEO and Fiscal Commission member David Cote made the case for a fiscal plan, saying that it would be...
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IMF: U.S. Must Get Its Timing Right
Today, the IMF released the concluding statement of its Article IV Consultation, calling for the U.S. to pass a deficit reduction plan quickly but...
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Parties Discuss Sequester Working Groups
A few members of Congress are now proposing House-Senate working groups to try and negotiate a compromise that would avoid the squester. From The Hill...
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The OECD Recommends a "Go Smart" Approach
This week the OECD released its biennial Economic Surveys on the United States, with the organization's economic recommendations for policymakers. The...
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The True Cost of Federal Credit Programs?
In a new report released yesterday, the Congressional Budget Office looked at the difference in accounting methods used to score federal credit...
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Administration May Get Even More Difficult for the IRS
It's no secret that Congress hasn't been making the IRS's life very easy. In a time of discretionary spending caps, they are looking to reduce the...
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So, You Want to Pay For a $70 Billion Spending Increase With a $200 Billion Tax Cut?
According to CNN, the White House has floated a plan to deal with the fiscal cliff, one which would turn off a few provisions temporarily. Their plan...
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What the Supreme Court Decision Means for the Budget
Today, the Supreme Court announced its ruling on the constitutionality of the 2010 healthcare law, the Patient Protection and Affordable Care Act...