Budgets & Projections
Latest
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Deficit Reduction Proposals in the President's Last Budget
Read moreTomorrow, President Obama will release his FY2015 budget, which will detail his visions and priorities for the upcoming years. In previous years, the...
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Look Out for Gimmicks!
Read moreThe President is scheduled to release his budget tomorrow, which will detail his policy priorities for the coming decade. The budget typically details...
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Defense Department Trims Personnel Costs and Other Programs To Live Within Means
Read moreIn a somewhat atypical move, Defense Secretary Chuck Hagel previewed in a speech yesterday the Department of Defense's (DoD's) budget request for...
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Why Did the Deficit Drop in 2014? Part 2
Read moreAt the beginning of the month, the Congressional Budget Office released its annual report on the federal budget, which showed that the deficit is...
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CBO: The Deficit Will Be About $45 Billion Lower This Year But $1.7 Trillion Higher over Ten Years
Read moreIn May of last year, CBO expected the 2014 deficit to fall to $560 billion from 2013's total of $680 billion. Now, CBO is estimating a deficit of $514...
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Chartbook: Avoiding Budget Gimmicks
Read moreFor more explanation of each of these charts, see the blog Everything You Need to Know About Budget Gimmicks, in 8 Charts Note: This document was...
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CBO Continues to Say the Debt Will Be a Problem for Economic Growth
Read moreIn its February 2014 Budget and Economic Outlook, CBO continued its previous warnings from last year's February outlook and September's long-term...
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Why Did the Deficit Fall in 2014?
Read moreYesterday, the Congressional Budget Office released its annual report on the federal budget, which outlines their projections of all federal spending...
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CBO Director Testifies Before House Budget Committee
Read moreCBO Director Douglas Elmendorf testified before the House Budget Committee this morning following CBO's release of the 2014 Budget and Economic...
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CRFB Releases Analysis of CBO's 2014 Budget and Economic Outlook
Read moreYesterday, the Congressional Budget Office released its 2014 Budget and Economic Outlook, serving as a budget baseline for the new year. To help make...
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How Much Worse are Deficit Projections?
Read moreYesterday, the Congressional Budget Office (CBO) reported a significantly bleaker fiscal picture than they had projected just last year, with debt now...
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