Budget Process
Latest
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Let's Pay for Disaster Funding, but Also Budget For It
Read moreThe destruction and devastation caused by Hurricane Irene is of serious concern, and addressing it will come at a real cost. Yet even while both...
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‘Line’ Items: Looking Abroad Edition
Read moreTo the Shores of Tripoli – With President Obama on vacation and Congress in recess, most eyes are turned away from Washington and towards developments...
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Putting the Brakes on U.S. Debt
Read moreAs the world continues to struggle with the economic recovery and increasingly overwhelming debt levels, many are looking to Switzerland’s rather...
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‘Line’ Items: Downturns and Downgrades Edition
Read moreDowners – Markets were down last week on fears that the European debt crisis was spreading and that the U.S. recovery was slowing down. These losses...
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CRFB Board Members Offer Thoughts on Debt Deal
Read moreThe debt deal signed into law by President Obama on Tuesday has provoked all kinds of reactions from the media, the public, and lawmakers ( click here...
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New York Times' David Leonhardt on The Colbert Report
Read moreLast night on The Colbert Report, David Leonhardt of The New York Times talked about the debt deal recently signed into law and why it's not enough to...
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Congress Approves Debt Ceiling Deal
Read moreUpdate: President Obama has signed the deal into law. Washington took the debt limit to the edge as the Senate voted today, 74-26, to enact the...
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Erskine Bowles, Alan Simpson, and Maya MacGuineas: Who Won and Lost in the Debt Deal?
Read moreIn today's Washington Post, several contributors offered their thoughts on the recent debt deal reached by leaders in Washington to raise the debt...
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Agreement on Debt Limit Increase
Read moreWe have a deal (pending votes, of course). ( UPDATE: CRFB has a press release on this deal here) Last night, the leaders from both parties announced a...
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‘Line’ Items: Deadlines, Deadlock and Deals Edition
Read moreBreakthrough? – There were tough negotiations. Deals were made. Big names were moved. It wasn’t just the MLB and NFL that saw frenetic action ahead of...
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CBO Scores the Reid and Boehner Plans
Read moreUpdate: CBO has just released its own comparison table of the Reid and Boehner plans, where it now breaks out the war and non-war interest savings...
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If You’re Going to Rely on Savings Targets, Specify the Baseline
Read moreAs CRFB has certainly been making clear, we would prefer a "big deal" that dealt with all areas of the budget and reduced debt as a share of the...