Budget Projections
Latest
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Through Ten Months, the Deficit is $975 Billion
Read moreCBO's Monthly Budget Review for July lays out how the first ten months of this fiscal year compared to last year. The FY 2012 deficit so far totals...
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Reviewing the Review: How Does It Compare to the President's Budget?
Read moreOMB's Mid-Session Review, which was released on Friday, showed lower debt and deficits over ten years than did the President's budget. Our paper on...
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Children and the Federal Budget
Read moreThe Urban Institute held an event today (video here) on children and the federal budget, which involved CRFB Senior Policy Director Marc Goldwein and...
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Fiscal Fact Checker: What Caused the Swing From Surplus to Deficit?
Read moreThe Hill points to a press release by Senator (and former OMB director) Rob Portman (R-OH) that claims the upper-income portion of the 2001/2003/2010...
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CBO Projects DoD's Plans Will Cost More Than Their Estimates
Read moreToday, CBO has released yearly estimates of the long-term budget projections for the Department of Defense. The DoD provides a plan to Congress called...
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Short-Sightedness on Display: Changes to Pension Insurance Risk Great Future Costs
Read moreKeith Hennessey examines a provision of the two-year transportation bill that may have reduced deficits on paper, but only by potentially increasing...
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Deficit On Track to Shrink Compared to Last Year
Read moreAlthough budget projections had already been showing this, we now have more definitive numbers from the Treasury Department that this year's deficit...
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Introducing CRFB's Latest Long Term Realistic Baseline
Read moreWith the release of CBO's Long-Term Budget Outlook last week, CRFB has updated the Realistic Baseline to incorporate elements of CBO's long-term...
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The Drivers: Health Care Cost Growth and Population Aging
Read moreIn our recent analysis of CBO's Long-Term Budget Outlook, we elaborated on how the overall federal debt is on an unsustainable path. Just twelve years...
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CBO Really, Really Makes the Case For Strict Pay-As-You-Go Budgeting
Read moreBased on CBO's Long Term Outlook, one could conclude solely based on the debt levels projected that either we were headed on a sustainable path, with...
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CBO's Long Term Spending and Revenues
Read moreThe CBO’s long-term projections offer an interesting look at future revenues and spending that show the stark implications of fiscal irresponsibility...
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CBO's Long Term Outlook Has Arrived
Read moreThe much-anticipated CBO Long-Term Budget Outlook has been released this morning, projecting what the budget will look like over the next 75 years...