Budgets & Projections
Latest
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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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CBO Shows Deteriorating Budget and Economic Projections
Read moreThe Super Bowl was held last Sunday, and the Olympics are coming up in a few days, but the biggest event this week happened today as CBO released its...