Latest
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Senate Armed Services Committee Report
As our nation’s debt continues along its unsustainable path, it has become increasingly essential for a comprehensive fiscal plan that targets all...
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GAO Study: Complexity of Tax Code is Costly
Yesterday the Government Accountability Office (GAO) released a study on the complexity of the federal tax code at a Senate Finance Committee hearing...
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CRFB's Maya MacGuineas Says U.S. Must Raise Debt Ceiling
Yesterday CRFB President Maya MacGuineas appeared on Bloomberg Television to talk about how imperative it is to address our dire fiscal outlook while...
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CBO Makes the Case for Strict Pay-As-You-Go (PAYGO) Rules
In their recent Long Term Outlook, CBO shows the nation to be on an unsustainable fiscal path if we continue our current policies. Under its...
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MY VIEW: Erskine Bowles and Alan Simpson June 2011
In a recently published op-ed in The Hill, CRFB board members Erskine Bowles and Alan Simpson write that a serious fiscal reform plan must be agreed...
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The Consequences of Default
Last week the Economist published an article entitled America's debt ceiling: The mother of all tail risks. This article explains what could happen if...
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‘Line’ Items: Columbo Edition
Where Is Our Columbo? – Peter Falk, the award-winning actor best known for playing the rumpled, yet wily, Lt. Columbo, died on Thursday. Falk, who was...
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A Solution for the Debt Ceiling Debate?
Despite House Majority Leader Eric Cantor’s (R-VA) decision yesterday to withdraw from the Biden-led negotiations to avoid default, there is still...
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Budget Path: How Feds Can Avert the Fiscal Crisis
The Public Manager | June 24, 2011 In the wake of the recent financial meltdown from which we are still recovering, the United States faces the...
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The Economic Effects of High Debt
Continuing our analysis of CBO's Long-Term Outlook, we looked yesterday at the policy assumptions under CBO's two budget paths and at spending and...