Budget Projections
Latest
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Falling Deficit is Not a Sign of Fiscal Sustainability
Read moreWith the Congressional Budget Office's (CBO) year-end Monthly Budget Review having been released, we published a report today showing what the 2014...
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What Happened to Interest Rates?
Read moreOne of the biggest stories in CBO's August budget update was the huge downward revision to expected spending on interest to service the debt, down by...
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CFR: U.S. Falling Behind Other Advanced Countries on Debt
Read moreThe Council on Foreign Relations has released a new report and scorecard comparing the United States federal debt situation to other G-7 countries...
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Separating "Current Law" from A "Do Nothing" Baseline
Read moreCBO’s baseline budget projections are often referred to as “current law” since they generally assume Congress continues the laws as they are written...
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The $1.8 Trillion Drop in Revenue Projections
Read moreWith the economy recovering slower than originally anticipated, the government now expects to collect significantly less revenue this decade than it...
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How Alternative Policies Could Affect the Budget
Read moreCBO's latest budget projections, while a slight improvement, are not good news for the country's fiscal future. Debt is higher than at any time in our...
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CRFB Analyzes CBO’s Updated Budget and Economic Forecast
Read moreMoments ago, CRFB published a new 6-page paper summarizing CBO’s latest Budget and Economic Outlook. Under its current law baseline, CBO estimates...
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Newest Budget Projections Show Gloomy Fiscal Picture
Read moreThe Congressional Budget Office (CBO) just released its August baseline, updating budget projections from April and economic projections from February...
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Is the 2014 Budget Meeting Expectations?
Read moreThe Congressional Budget Office (CBO) is set to update its budget and economic projections tomorrow, laying out the fiscal picture for the next ten...
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How to Get a Balanced Budget in Ten Years
Read moreIn a New York Times article describing Republican plans if they re-take Congress next year, reporter Carl Hulse cited CRFB, saying that "balancing the...
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MacGuineas Rebuts Krugman on Long-Term Debt
Read moreIn a letter to the editor submitted to The New York Times, CRFB president Maya MacGuineas rebutted NYT columnist Paul Krugman on his criticism of Sen...
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Resources to Help Paul Krugman Understand the Cost of Delay
Read moreIn his blog this weekend, Paul Krugman suggested the cost of waiting to address our mounting national debt is relatively minor. He asks “why, exactly...