Budgets & Projections
Latest
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The OECD Recommends a "Go Smart" Approach
Read moreThis week the OECD released its biennial Economic Surveys on the United States, with the organization's economic recommendations for policymakers. The...
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Administration May Get Even More Difficult for the IRS
Read moreIt's no secret that Congress hasn't been making the IRS's life very easy. In a time of discretionary spending caps, they are looking to reduce the...
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So, You Want to Pay For a $70 Billion Spending Increase With a $200 Billion Tax Cut?
Read moreAccording to CNN, the White House has floated a plan to deal with the fiscal cliff, one which would turn off a few provisions temporarily. Their plan...
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Don't Delay, Fix The Cliff!
Read moreA new story is suggesting that members of Congress from both parties are trying to delay the sequester until March. This is not the first time we have...
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Acting Quickly on the Cliff Is Not As Important As Doing It Right
Read moreAn article today in POLITICO games out four possible scenarios for how the fiscal cliff could be resolved (or not). They discuss the benefits and...
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Appropriations Update: Both Sides Moving Separately
Read moreAlthough a bit under the radar, the appropriations process in both the House and Senate is moving forward in a relatively timely manner (OK, maybe the...
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Don't Move the Cliff...Fix the Cliff
Read moreWe're seeing more stories, in recent days, floating the idea that policymakers might waive the entire fiscal cliff, at least temporarily. One piece in...
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Senator Judd Gregg Increasingly Involved in Deficit Reduction Talks
Read moreThe Hill has an informative article today on how former chair of the Senate Budget committee, former Senator Judd Gregg (R-NH) is increasingly...
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Domenici and Rivlin Testify to Senate Finance Committee
Read moreFormer Director of the CBO Alice Rivlin and Former Sen. Pete Domenici testified today to the Senate Finance Committee on the long-term debt problem...
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Targeting Tobacco: The Budgetary Effects of a Cigarette Tax Increase
Read moreCBO's latest report details the full effects on the federal budget of raising the federal excise tax on cigarettes. As they would when analyzing any...
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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...