Budget Process
Latest
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Deficit Falls Slightly, Debt Will Continue to Soar, CBO Warns
Read moreThe federal deficit in FY10 is expected to be $1.35 billion--a slight drop from the $1.41 trillion in FY09--but still the second largest in our nation...
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Disgraceful
Read moreSenate vote on Baucus amendment (97-0 vote to exempt changes to Social Security from a statutory budget commission from fast-track vote in Congress).
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Obama Partial Discretionary Spending Freeze : A Small First Step
Read morePresident Obama will propose freezing "non-security" discretionary spending for the next three years (FY2011-13) when he unveils his new budget next...
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Budget Concepts Do Matter
Read moreBudgeteers have long argued that baselines matter. You have to know where you are going before you decide where you should be. We use baselines as...
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CRFB Supports Creating a Statutory Commission
Read moreCHAIRMAN Bill Frenzel Tim Penny Charlie Stenholm PRESIDENT Maya MacGuineas DIRECTORS Barry Anderson Roy Ash Charles Bowsher Steve Coll Dan Crippen...
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Senate Faces Key Fiscal Votes This Week
Read moreThe Senate will vote this week on key fiscal measures as it attempts to increase the nation’s debt ceiling. The debt limit is expected to be reached...
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Time to Bring Back Caps
Read moreAs the Senate continues its consideration of the debt ceiling today, it will consider at least three important budgetary amendments - a deficit...
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WH, Congressmen Hold Important Talks on Fiscal Commission and PAYGO
Read moreSenior congressional Democrats late Tuesday met with the White House to attempt to hammer out a deal that would create a fiscal commission and a...
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House Sustains Obama Veto of CR; Budgeteers Yawn
Read moreThe House voted Wednesday to sustain President Obama's veto of a Continuing Resolution to keep the government funded. Huh? Confused? Why wasn't this...
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Two Major Reports Target Debt Reduction
Read moreIn the past two days, at least two new voices have joined a growing chorus of organizations warning that our federal debt is growing at an...
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David Walker and the Federal Deficit on NPR
Read moreThis morning on NPR’s Morning Edition one of our board members, David Walker, discussed his new book, Comeback America: Turning the Country Around and...