Committee for a Responsible Federal Budget

Economy

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Highlights from CBO's June Baseline Update

Today, the Congressional Budget Office (CBO) released updated ten-year budgetary baseline and economic projections. Like its previous projection in...
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Jun 22, 2017 | Blog Paper Press Release | Taxes

Do Temporary Tax Cuts Only Have A Small Impact on Growth?

While promoting tax reform, House Speaker Paul Ryan stated Tuesday that temporary tax cuts do not produce a large boost to economic growth: These...

CRFB on NPR's Planet Money: How to Get 3% Growth

Achieving 3 percent sustained annual growth would be incredibly difficult, yet that assumption is embedded in President Trump’s proposed budget. In...
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How Fast Can America Grow?

Official projections show real economic growth will average less than 2 percent annually over the next decade. However, some policymakers have...
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Policies to Grow the Economy

The aging of the population will make achieving past levels of economic growth much more difficult in the years ahead. The Congressional Budget...
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CBO Economic Forecast Sees Major Headwinds Facing Growth

Predicting what the economy will look like over the next 30 years is no easy task, but the assumptions in the Congressional Budget Office’s (CBO)...
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Don't Count on 4% Growth

During the campaign, President-elect Trump frequently claimed his policies would grow the economy by 4 percent per year, also mentioning growth...
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Governing through Leadership: Steps to Secure Our Fiscal Future

A Memorandum to President-Elect Donald J. Trump    TO: President-Elect Donald J. Trump  FROM:  ...
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Running on Empty? Fiscal Space and the Next Recession

The national debt increased dramatically during and after the Great Recession, rising from 35 percent of Gross Domestic Product (GDP) in 2007 to 66...
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Scoring Clinton and Trump with Different Growth Assumptions

In our analysis "Promises and Price Tags: A Fiscal Guide to the 2016 Election," we compared the fiscal effects of the policies proposed by...

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