Budgets & Projections
Latest
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Elmendorf Explains Dismal Fiscal Picture to Economists
Read moreUPDATE: Read Elmendorf's take on his talk . Today, several of us at the CRFB staff attended a National Economists Club lunch with Congressional Budget...
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A Gimmick We Like
Read moreWe spend a lot of time warning about budget gimmicks. But OMB’s new contest for federal employees to submit ideas for how the government can save...
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Treasury Ends Money Market Fund Guarantee
Read moreToday, the Treasury announced the end of the Guarantee Program for Money Market Funds. According to the Treasury, risk of a “catastrophic failure” of...
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A Closer Look at the President's FY 2010 Budget Process Reform Proposals
Read moreThis paper examines the Obama administration budget reform proposals and evaluates how (and if) they would improve the budget process and restore...
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CBO Releases Analysis of Finance Committee Health Care Reform Bill
Read moreThe Congressional Budget Office (CBO) has released the preliminary analysis of the completed specifications for the Finance Committee’s Chairman’s...
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A Brief History of (Financial) Time
Read moreThis week marks the one year anniversary of the Lehman Brothers collapse, an event that both seriously destabilized and ominously ruptured the U.S...
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The Lehman Collapse -- One Year Later
Read moreThis week marks the one year anniversary of the Lehman Brothers collapse, an event that both seriously destabilized and ominously ruptured the U.S...
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The Second Ten Years
Read moreCQ reports that CBO is likely to score the costs of the Senate Finance Committee health care bill for the second ten year period. This is excellent...
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Another $95 Billion of Budgeting Through Footnotes
Read moreLast week, we wrote about $85 billion worth of stimulus tax cuts which the Obama administration assumed as permanant in their baseline so that they...
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Budgeting through Footnotes
Read moreThis morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to incorporate $85 billion in tax breaks...
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Constructing a "Current Policy" Baseline
Read moreToday, US Budget Watch released The Cost of “Current Policy”. In this analysis, we show that, while deeply troublesome, CBO’s $7.1 trillion ten-year...
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The Cost of "Current Policy"
Read moreThe CBO recently projected a ten-year deficit of $7.1 trillion using a "current law" baseline. But these numbers may prove to be optimistic. CRFB...