Budgets & Projections
Latest
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States Face Huge Unfunded Liabilities in Their Pension Plans
Read moreOn Tuesday, March 9, the New York Times reported about how state and local pension funds are changing their investment strategies to improve their...
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Deadlines Are Made To Be Broken
Read moreHere's a good one for you: Using the House legislative calendar as a guide, as of March 10, Congress will have 16 legislative days to enact a budget...
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More Analysis of the President's Budget
Read moreOn Friday, the Congressional Budget Office released its Preliminary Analysis of the President’s Budget. (Last week we offered a few graphs and a short...
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The 90 percent Debt-to-GDP Threshold and CBO’s New Debt Estimates
Read moreOn March 5, the Congressional Budget Office (CBO) gave us a preview of its take on the President’s budget proposals for Fiscal Year 2011 (starting...
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Are Social Security Surpluses Gone for Good?
Read moreAlong with their analysis of the President's Budget, on Friday, CBO updated its Social Security projections. And as it turns out, the surpluses are...
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‘Line’ Items: Oscars Edition
Read moreTemporary Tax Extensions Avoid “The Hurt Locker” – The Senate passed H.R. 4691, a 30-day extension of several expired tax breaks and unemployment and...
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CBO Releases its Preliminary Analysis of the President's Budget
Read moreThis afternoon CBO released its preliminary analysis of the President’s Budget, projecting a significantly worse fiscal situation than the...
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No Gimmicks? Really?
Read moreIn a blog yesterday and op-ed today, OMB Director Peter Orszag defended the President's health care plan as reducing "deficits by roughly $100 billion...
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Don't Circumvent PAYGO on Jobs Bill
Read moreThe CBO released an updated cost estimate* of the Senate jobs bill yesterday. This larger bill calls for further increased funding for unemployment...
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Monthly Budget Review Reports $655 billion deficit in FY 2010 Thus Far
Read moreThe Congressional Budget Office issued its Monthly Budget Review yesterday. It estimates that the federal government incurred a deficit of $655...
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Financial Report of U.S. Government
Read moreThe Treasury Department recently released its annual Financial Report of the U.S. Government, reporting on the budget deficit, net operating costs...
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‘Line’ Items: A Lonely Road, Paying for Jobs
Read moreHighway to Nowhere – Sen. Jim Bunning (R-KY) has blocked a vote on temporarily extending unemployment and COBRA benefits, the Medicare “doc fix” as...