Budget Process
Latest
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As Debt-Limit Deadline Nears, Lawmakers Must Avoid Budget Gimmicks
Read moreAt a press briefing yesterday, President Obama invited Congressional leaders of both parties to the White House tomorrow to continue ongoing debt...
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CRFB's Maya MacGuineas Says U.S. Must Raise Debt Ceiling
Read moreYesterday CRFB President Maya MacGuineas appeared on Bloomberg Television to talk about how imperative it is to address our dire fiscal outlook while...
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The Consequences of Default
Read moreLast week the Economist published an article entitled America's debt ceiling: The mother of all tail risks. This article explains what could happen if...
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A Solution for the Debt Ceiling Debate?
Read moreDespite House Majority Leader Eric Cantor’s (R-VA) decision yesterday to withdraw from the Biden-led negotiations to avoid default, there is still...
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‘Line’ Items: The Heat is on Edition
Read moreExcept in Miami – The Miami Heat weren’t hot enough, but Washington saw record temperatures last week. Capitol Hill may warm things up this week as...
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Peterson-Pew's New Fiscal Toolkit
Read moreIn the last few weeks there has been an incredible amount of talk about using targets, triggers, caps, and failsafes to help set us on a sustainable...
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Erskine Bowles and Alan Simpson: The Gang of Six is our best shot
Read moreIn an op-ed today in the Washington Post, CRFB board members Erskine Bowles and Senator Alan Simpson argue that the Gang of Six -- despite hitting a...
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Low-Hanging Fruit for Debt Ceiling Discussions
Read moreUpdate: Check out our release on these "commonalities" here. As Vice President Biden and several members of Congress continue working toward a...
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‘Line’ Items: Playoffs Edition
Read moreCrunch Time – The playoffs are well underway in the NBA and NHL. A playoff atmosphere is also brewing in Washington even though the home teams are not...
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Between the ‘Line’s: Meetings, Plans, Halfsies and One Cent
Read moreNo Deficit of Talk – At least there no longer is a deficit of discussion when it comes to our fiscal situation. House Speaker John Boehner (R-OH) gave...
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Boehner to Call for Deep Spending Cuts to Offset Debt Limit Increase
Read moreAccording to a recent article in Politico, Speaker of the House John Boehner will call for spending cuts that are "greater than the accompanying...