Budget Projections

President Obama was recently quoted in the Washington Post as saying that an additional $1.5 trillion of deficit reduction would hit the $4 trillion...

Analyses of the CBO budget baseline generally focus on the current law baseline, the one that CBO presents in most detail. In the past, we constructed...

In CBO’s latest Budget and Economic Outlook, much has changed since their August baseline. As we explain in our report on the February baseline, the...

CBO's release of its annual Budget and Economic Outlook is a treasure trove of information, sometimes not easily digestible. To help put all that...

For 49ers and Ravens fans, the Super Bowl was the big game of the 2012 NFL season. For budget wonks, today is that day, as CBO has released its budget...

Our blog yesterday noted that the debate over stimulus versus deficit reduction is much more nuanced than is often portrayed. Although these positions...

In a Tax Policy Center blog, Urban Institute fellow and former CBO director Rudy Penner makes the case for going beyond the amount of deficit...

A recent op-ed from Joe Scarborough in Politico has brought back attention to the stimulus vs. deficit reduction debate. Some commentators like Paul...

In the past few weeks, we have made the case for putting debt on a downward path as a percent of GDP as a goal for the next round of deficit reduction...

The Peter G. Peterson Foundation has released a new report on the American Taxpayer Relief Act (ATRA) and its effect on the long-term outlook...

Our recent blog " Putting the Debt on a Downward Path" emphasizes how changes in economic projections can affect the budget for better or for worse...

Yesterday, President Obama suggested we need about $1.5 trillion in deficit reduction on top of what has been enacted so far, a claim which matches a...