Budgets & Projections
Latest
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CMS Analyzes House Health Care Bill
Read moreOn Friday, the Centers for Medicare & Medicaid Services (CMS) released a report estimating the effects of the House health care reform bill. Looking...
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Freezing Discretionary Spending...
Read moreUPDATE: Stan Collender thinks we might be making ice mountains out of snow hills. According to a number of news reports, President Obama has begun...
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Administration Claims Extra TARP Cash Is Deficit Reduction
Read moreThis morning, a Wall Street Journal article reported that the White House intends to use some of the remaining TARP cash for deficit reduction, while...
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Monthly Treasury Statement Shows $1.417 trillion Final Deficit Number for FY 2009
Read moreThe Monthly Treasury Statement is out, and states that Fiscal Year 2010 is off to a perilous start. The deficit for the month of October is ringing in...
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Gaps Return to State Budgets
Read moreIn a recent report from the Center on Budget and Policy Priorities (CBPP), mid-year budget shortfalls, totaling $16 billion or 4 percent of these...
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Stop Us Before We Spend Again
Read morePresident of the Committee for a Responsible Federal Budget, Maya MacGuineas, testified before the Senate Budget Committee on proposals to form a...
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Treasury Ends Capital Assistance Program
Read moreYesterday, the Treasury announced that the Capital Assistance Program (CAP), one of TARP’s several programs, will close, having made no investments...
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CBO/JCT Report Roundup
Read moreA number of very interesting and relevant reports have come out of the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) the...
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Understanding Federal Commitments to Housing and Health Care
Read moreYesterday, the Congressional Budget Office put out An Overview of Federal Support for Housing. In the report, CBO outlined the nearly $300 billion in...
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Orszag Promises Deficit Reduction Next Year
Read moreIn a speech given today at New York University, OMB Director Peter Orszag said the Administration intends to cut the deficit in half by the end of...
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Large Share of U.S. Debt Will Have to Be Refinanced
Read moreAccording to the Government Accountability Office (GAO), roughly $5.1 trillion in publicly traded U.S. Treasury bonds – or around 78 percent of our...
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A Scary Thought
Read moreThe federal debt held by the public, today, is almost $7.5 trillion dollars. That is around 53 percent of gross domestic product (GDP) -- higher than...