Budget Projections
Latest
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House Rules Stack the Deck for Debt Ceiling Increase
Read moreThe stakes are high and the House is raising the limit and calling the shots. No, we’re not talking Vegas – the casinos wish they were dealing with...
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President Releases $3.8 Trillion Budget
Read morePresident Obama released a Fiscal 2011 budget request today that would spend some $3.834 trillion next year and projects a deficit of $1.267 trillion...
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Budget Commission Falls Short
Read moreA proposal to form a bipartisan commission to address the nation’s mounting long-term debt just fell short of the 60 votes needed for approval in the...
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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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The Cost of Continuing "Current Policy"
Read moreToday, we released our Analysis of CBO’s January 2010 Baseline, which discusses the new CBO baseline in detail, including the new deficit and debt...
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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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CBO Monthly Budget Review Shows Record December Deficit
Read moreThe government ran record deficits of $390 billion in the first quarter of FY2010, according to the CBO’s Monthly Budget Review. Even last year, with...
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How Much Will Health Reform Cost?
Read moreUPDATE: CMS released its estimates of the final Senate bill on Friday. The short answer is that it depends who you ask. Today, the RAND Corporation...
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Senate Health Care Bill Released (And a Comparison Chart)
Read moreUPDATE: CBO mistakenly overestimated the deficit-reducing effect of the Medicare Commission in their score. As a result, they now estimate deficit...
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Release of 'Red Ink Rising'
Read moreWarning that the out-of-control federal debt places the economic future of our nation at risk, the Peterson-Pew Commission on Budget Reform this...
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CBO Report Discusses ARRA Effect on Jobs, GDP Growth
Read moreThe Congressional Budget Office has come out with a report estimating the impact of the American Recovery and Reinvestment Act on employment and...
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FDIC Deposit Fund Turns Negative
Read moreYesterday, the FDIC reported that the deposit insurance fund fell below zero for the first time since the third quarter of 1992 (during the savings...