Latest
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Op-Ed: Obama's Freeze Is a Good First Step
CNN | Jan. 27, 2010 When the president unveils his 2011 budget next week, he will propose capping "non-security" discretionary spending at its current...
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Ryan Releases Roadmap
Earlier today, Republican Congressman Paul Ryan released his update Roadmap for America's Future (and a nifty Website to go with it). Under this...
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Steuerle's 'Fiscal Democracy Index'
This morning, CRFB board member Gene Steuerle claimed in a USA Today article that the big problem of current deficits is not just a symptom of the...
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The Debt is Not Just a Beltway Problem
In this week’s debate on the Senate floor and the release of several congressional plans to address the deficit and debt, the national debt is on the...
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Blue Dogs Join the Call for Fiscal Reform
Today, the Blue Dog coalition released its blueprint for fiscal reform. The group, comprised of moderate and conservative Democrats, has long been...
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Budget Commission Falls Short
A proposal to form a bipartisan commission to address the nation’s mounting long-term debt just fell short of the 60 votes needed for approval in the...
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CRFB Analysis of CBO’s January 2010 Baseline
From CBO's January 2010 Budget and Economic Outlook, baseline estimates now show that public debt will increase from 53 percent of GDP in 2009 to 67...
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Deficit Falls Slightly, Debt Will Continue to Soar, CBO Warns
The federal deficit in FY10 is expected to be $1.35 billion--a slight drop from the $1.41 trillion in FY09--but still the second largest in our nation...
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Disgraceful
Senate vote on Baucus amendment (97-0 vote to exempt changes to Social Security from a statutory budget commission from fast-track vote in Congress).
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Obama Partial Discretionary Spending Freeze : A Small First Step
President Obama will propose freezing "non-security" discretionary spending for the next three years (FY2011-13) when he unveils his new budget next...
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The Cost of Continuing "Current Policy"
Today, we released our Analysis of CBO’s January 2010 Baseline, which discusses the new CBO baseline in detail, including the new deficit and debt...
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Budget Concepts Do Matter
Budgeteers have long argued that baselines matter. You have to know where you are going before you decide where you should be. We use baselines as...