Budget Process
Latest
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A Detailed Look at the Debt Ceiling Situation
Read moreLast week, as reported on our " Debt Ceiling Watch" blog, the U.S. reached the statutory debt limit, and the Treasury Department began using...
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Al Simpson and Erskine Bowles on Meet The Press
Read moreWhile the American Taxpayer Relief Act has put off worries about the fiscal cliff for a month, it is clear that we missed a clear opportunity to do...
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CBO: Federal Government Will Hit Debt Limit in February or March
Read moreWith all the attention on the fiscal cliff looming only weeks away, the fact that the federal government will hit the debt ceiling in the next few...
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Line Items: Election Edition
Read moreDecision Time – Election Day is tomorrow and the stakes are high. Not only is control of the White House and Congress at stake, but the election will...
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Fiscal Transparency in the U.S. and Abroad
Read moreYesterday in a blog post, IMF's Fiscal Affairs Director Carlo Cottarelli stressed the need for fiscal transparency on the part of governments around...
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Bipartisan Policy Center Releases a "Framework for a Grand Bargain"
Read moreWith Congress in recess until after the elections, a plan to replace the fiscal cliff with a comprehensive debt deal will have to get done during the...
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Revisiting Dynamic Scoring
Read moreThe use of dynamic scoring is one of the most contested issues in the budget world. We highlighted the pros and cons of using it and the issues...
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Fitch: Fiscal Cliff Threatens Triple-A Rating
Read moreFitch Ratings Managing Director David Riley appeared yesterday on Bloomberg Television, suggesting that the fiscal cliff could threaten the U.S.'s AAA...
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GAO: The Debt Limit Fight Cost the Treasury $1.3 Billion
Read moreWith the debt ceiling projected to come back in play sometime in December or January, it is helpful to be reminded of the cost of the last debt...
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The True Cost of Federal Credit Programs?
Read moreIn a new report released yesterday, the Congressional Budget Office looked at the difference in accounting methods used to score federal credit...
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Dynamic Scoring Explained
Read moreWhat is dynamic scoring? How are legislative proposals currently scored? CRFB's latest policy paper details the process and methods that the...
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Report: Understanding Dynamic Scoring
Read moreDownload a 2-page summary of this document, published December 2014.