Budgets & Projections
Latest
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On the Brink of Shutdown?
Read moreToday is September 30, the last day of the government's fiscal year. If Congress does not agree on a continuing resolution today to authorize spending...
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Discussion with CBO Director Elmendorf on the Costs of Waiting to Address Fiscal Challenges
Read moreAt the House Budget Committee hearing on CBO's Long-Term Outlook, Rep. Reid Ribble (R-WI), who last week sent a letter calling for action on Social...
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We Need More Than $13 Trillion in Deficit Reduction Over the Next 20 Years
Read moreIn light of CBO's updated long-term projections, and our subsequent CRFB Realistic Long-Term Projections, CRFB has taken a fresh look at the minimum...
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Introducing CRFB's Latest Long-Term Realistic Baseline
Read moreThe release of the Congressional Budget Office's (CBO) Long-Term Budget Outlook is one of the big events in the budget world, and we'd like to think...
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CBO: A Growing Debt Burden Is a Risky Path to Be On
Read moreContinuing with CRFB's analysis of CBO's latest long-term budget projections, we now turn our attention to one of the central themes throughout CBO's...
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Interest Costs in CBO's Long-Term Projections
Read moreAs part of our blog series on CBO's recent long-term budget and economic projections, we now turn our focus to the fastest growing part of the budget...
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CBO: Social Security Looks Much Worse Than We Thought
Read moreAlthough some argue that policymakers can wait to solve our long-term entitlement problems, CBO's recent Long-Term Budget Outlook suggests otherwise...
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CBO Still Unsure Whether Recent Health Care Slowdown Means Lower Long-Term Growth
Read moreUpdate: The second graph has been corrected to show the correct year for each line. It is no secret that the growth of federal health care spending is...
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Op-Ed: Weak Leaders Fumble the Public Purse
Read moreWashington Times | September 23, 2013 The past decade has been a disaster when it comes to fiscal stewardship and political leadership. Our official...
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What Do High Debt Levels Do To Our Economy?
Read morePoliticians and economists have long talked about the negative effects of an accumulating national debt, but cannot always quantify their position...
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What Happened to the Alternative Fiscal Scenario?
Read moreUpdate: CBO has now released its official Alternative Fiscal Scenario estimates (tab 6 of the Excel). They find that debt reaches 165 percent of GDP...
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CBO Releases Long-Term Budget Outlook
Read moreIt's here — CBO has released its updated long-term baseline. Since December, many commentators have attempted to see where we stand since the fiscal...