Latest
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New York Times Looks at Tax Expenditures
An interesting article by Eduardo Porter in today’s New York Times, A Nation With Too Many Tax Breaks, takes a look at the role of tax expenditures in...
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CBO's Got a Brand New Baseline
Although CBO's analysis of the President's budget is the newsmaker in March in the budget world, CBO also updates its current law baseline, which...
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CBO’s Projections Show Need for Smart, “Go Big” Approach: Comparing Major Debt Reduction Plans
CRFB has published an updated version of this comparison chart on its blog, The Bottom Line.
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CRFB Compares the Major Deficit Reduction Plans
Comparing fiscal plans can often be a difficult task. The plans may use different baselines, use different ten-year windows, have different estimates...
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Jumping Through Hoops to Avoid the Sequester
Yesterday, in POLITICO David Rogers had an article about an effort in the House to temporarily delay the sequester scheduled to hit at year's end. As...
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Line Items: Spring Forward Edition
Spring in Their Step? – As part of the annual spring ritual, we moved the clocks forward an hour. While time marches on, Washington seems stuck in...
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David Walker: Presidential Candidates’ Budget Plans Not Feasible
In an op-ed in Roll Call, David Walker lamented the lack of a "feasible" debt plan among the Presidential candidates, including President Obama. While...
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Tax Ideas from Citizens for Tax Justice
The Citizens for Tax Justice (CTJ) just released a new report detailing their own estimates of a number of options for raising revenue through...
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AIG Support Continues Winding Down
As the Treasury Department continues its winding down of TARP programs, it will sell off $6 billion of AIG shares, likely bringing its ownership stake...
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2013 Appropriations Process Is Up in the Air
If there's anything people can agree on in Washington, it is that the current budget process is broken. Congress has not passed a budget resolution...
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Understanding Fair-Value Accounting
One of the wonkier discussions that arise inside the Washington beltway from time to time is what accounting method to use for federal credit programs...