Budget Process

With the Treasury Department undertaking extraordinary measures to avoid a potential default, the Concord Coalition is calling for both raising and...

Donald Marron points out, via an old "West Wing" clip, how raising the debt limit used to be seen. Of course, contrast that to now, when we see...

Last week, as reported on our " Debt Ceiling Watch" blog, the U.S. reached the statutory debt limit, and the Treasury Department began using...

While 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...

With 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...

Decision 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...

Yesterday in a blog post, IMF's Fiscal Affairs Director Carlo Cottarelli stressed the need for fiscal transparency on the part of governments around...

With 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...

The 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...

Fitch Ratings Managing Director David Riley appeared yesterday on Bloomberg Television, suggesting that the fiscal cliff could threaten the U.S.'s AAA...

With 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...

In a new report released yesterday, the Congressional Budget Office looked at the difference in accounting methods used to score federal credit...