Latest
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CBO on the Caps
The caps on discretionary spending were, of course, the concrete centerpiece of last week's budget deal. Considering the importance of the caps, CBO...
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CRFB's Updated Realistic Baseline
With the Budget Control Act now in the books, it's time for us to update our CRFB Realistic Baseline from our projections a month ago. In addition to...
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MY VIEW: Maya MacGuineas August 8 2011
In two recent commentaries, written for CNN and CNN Money, CRFB president Maya MacGuineas talks about S&P's recent downgrade of the U.S. credit rating...
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Op-Ed: S&P Rating: How to Get Back to AAA
CNN Money | August 8, 2011 Oh, AAA credit rating -- we never knew how much we loved you until we lost you. Just one more chance, please! It's like a...
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‘Line’ Items: Downturns and Downgrades Edition
Downers – Markets were down last week on fears that the European debt crisis was spreading and that the U.S. recovery was slowing down. These losses...
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Op-Ed: With Downgrade, Now Can We Get Serious About Debt?
CNN | August 6, 2011 You can't say we didn't have a heads up. Just a few weeks ago, S&P said: "We may lower the long-term rating on the U.S. by one or...
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S & P Downgrades the United States
Yesterday, the Standard & Poor's rating agency downgraded the United States' long-term bond rating from AAA to AA+. This downgrade is consistent with...
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CBO Releases Social Security Projections
CBO's latest Social Security projections bring no surprises to anyone familiar with the state of the program's finances. CBO projects the program to...
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Will We Have a Lower Deficit This Year Than Last Year?
Budget projections are a rather fickle thing, especially in the midst of great uncertainty about the strength of the economic recovery. By accident...
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CRFB Board Members Offer Thoughts on Debt Deal
The debt deal signed into law by President Obama on Tuesday has provoked all kinds of reactions from the media, the public, and lawmakers ( click here...
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OMB Director Jack Lew on the Defense Cuts in the Debt Deal
The main savings feature that the debt deal (the Budget Control Act) contained--outside of the joint committee--is the discretionary spending caps...
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MY VIEW: Erskine Bowles and Alan Simpson August 2011
In an op-ed in today's New York Times, CRFB board members and former fiscal commission co-chairs Erskine Bowles and Sen. Alan Simpson offered their...