OMB

So What Will the Deficit Really Be?

Last week, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook and the Office of Management and Budget (OMB) ...

Put Another $2 Trillion on the Tab

CRFB released this report on OMB's Mid-Session Review. (We will soon release a more detailed analysis.) CBO provides a comparison chart between OMB...

OMB's Mid-Session Review Will Show Greater Ten-Year Deficits

Late Friday the White House conceded that ten-year deficits would total around $9 trillion, according to their estimates. This is $2 trillion greater...

Mid-Session Review to Report Lower 2009 Deficit

August 20 - Next Tuesday the Office of Management and Budget (OMB) will release their Mid-Session Review of the budget. They plan to announce that...

Record Monthly and Yearly U.S. Deficit

August 18 - According to Bloomberg, last month's budget deficit hit a record $180.7 billion, higher than any month in U.S. history.Spending in July...
Concept_Medicare_Nursing Home

Administration Urges Creation of Independent Medicare Advisory Council to Help Control Costs

July 17 - Today OMB Director Orszag urged Speaker Pelosi to support a Base Realignment And Closure-like (BRAC) process for reviewing Medicare changes...
Concept_DC_White House

Understanding the President’s PAYGO Proposal

Yesterday, President Obama announced his support for enacting statutory pay-as-you-go (PAYGO). Under the President's proposal, OMB would maintain...

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