Budgets & Projections

On OMB's blog, OMB director Jack Lew talked about his instructions to agencies to cut 5 percent off their 2011 budget for their FY 2013 request. In...

Faithful readers of this blog know by now how the trigger contained in the Budget Control Act generally works. The BCA creates a twelve-member Joint...

The three Democratic Senators on the Joint Committee--Max Baucus (D-MT), Patty Murray (D-WA), and John Kerry (D-MA)--have a lofty op-ed in the Wall...

As the world continues to struggle with the economic recovery and increasingly overwhelming debt levels, many are looking to Switzerland’s rather...

In a commentary for CNN, CRFB co-chair Bill Frenzel lamented the small goal that the Joint Select Committee on Deficit Reduction (or the "super...

The caps on discretionary spending were, of course, the concrete centerpiece of last week's budget deal. Considering the importance of the caps, CBO...

With the Budget Control Act now in the books, it's time for us to update our CRFB Realistic Baseline from our projections a month ago. In addition to...

CBO's latest Social Security projections bring no surprises to anyone familiar with the state of the program's finances. CBO projects the program to...

Budget projections are a rather fickle thing, especially in the midst of great uncertainty about the strength of the economic recovery. By accident...