Budgets & Projections

Update 5/16: Today, Treasury has reached the legal limit on how much debt it can issue at $14.294 trillion. Beginning today, the Treasury is launching...

With the release of the 2011 OASDI Trustees Report, there are a lot of numbers to digest, not to mention a few hundred pages to read (if you actually...

Yesterday, Rep. Connie Mack (R-FL) introduced deficit reduction legislation -- the One Percent Spending Reduction Act -- that is based on the " One...

No Deficit of Talk – At least there no longer is a deficit of discussion when it comes to our fiscal situation. House Speaker John Boehner (R-OH) gave...

This morning, The Heritage Foundation released a comprehensive fiscal plan aimed at reducing the federal budget deficit by significantly cutting...

Bumping Up on the Debt Ceiling – On Monday, Treasury Secretary Tim Geithner sent a letter to congressional leaders saying that his department this...

In the awesome world of budget baselines and budget options, we are graced a few times a year with updated budget projections from CBO. These updated...

Last week we issued an analysis of the fiscal framework that President Obama recently unveiled. We noted that, while it was a strong step in the right...

Yesterday, Senate Majority Leader Harry Reid (D-NV), proposed adding a "deficit cap" to forthcoming legislation to increase the debt ceiling. While...

Yesterday, CBO released a report on the effect of automatic stabilizers on the deficit, showing that in recent years, they have added hundreds of...

Yesterday, CRFB released an analysis of President Obama's new deficit reduction framework meant to save $4 trillion dollars over 12 years. Using CBO's...