Latest
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Low GDP Growth and Stalemate in the Congress
With the Bureau of Economic Analysis releasing tepid GDP numbers of only 1.3 percent growth and last night's failure of the House of Representatives...
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MY VIEW: Alan Simpson, David Stockman and Bill Frenzel
CNN recently invited several former Washington leaders to offer their thoughts on Washington's debt-ceiling gridlock, and we are proud to say that...
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What the Ratings Agencies Have Said
During the debt ceiling debate, what the credit ratings agencies have said can get lost in the shuffle. So, a summation of what each of the three...
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CBO on Selling Excess Federal Property
Many of the fiscal plans produced over the last several months -- including the Gang of Six plan and the President’s budget -- propose selling excess...
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Fed's Beige Book Points to Slowing Economy
Fed’s latest Beige Book, released yesterday, pointed to slowing growth (but still positive growth) across many economic sectors and regions. On a...
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If You’re Going to Rely on Savings Targets, Specify the Baseline
As CRFB has certainly been making clear, we would prefer a "big deal" that dealt with all areas of the budget and reduced debt as a share of the...
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IMF Report Calls for Balanced, Comprehensive Fiscal Reform Plan
Earlier this week, the International Monetary Fund (IMF) released its annual report The United States: 2011 Article IV Consultation, highlighting the...
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More Support for the Gang of Six
As the debt-ceiling proposals from Rep. Boehner and Sen. Reid continue to be debated, support for the comprehensive, balanced proposal offered by the...
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Recent Study Ranks U.S. Debt Fifth Largest Among Major Economies
A recent report from the Associated Press Global Economy Tracker found that the U.S. national debt (as a percentage of GDP) is the fifth largest among...
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A Tale of Two Caps
Update: CBO has scored Boehner's legislation, showing it to reduce deficits by a total of $850 billion from 2012-2021. The discretionary caps are $1.1...
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Comparing the Reid and Boehner Proposals
If you take a look at House Speaker John Boehner's proposal and Senate Majority Leader Harry Reid's proposal -- both of which increase the debt limit...