Budgets & Projections
Latest
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Social Security Changes in the Budget Deal
Read moreThe recently-introduced Bipartisan Budget Act of 2015 tackles a laundry list of items that lawmakers needed to address over this Congress, including...
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Does the Budget Deal Allow Obama To Borrow Unlimited Amounts?
Read moreIn the Republican debate, Sen. Rand Paul (R-KY) said the recent budget deal “allows President Obama to borrow unlimited amounts of money.” Paul is...
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Budget Deal Truly Offsets Only Half Its Cost
Read moreLawmakers are currently considering a budget deal that would increase appropriated spending, suspend the debt limit until March 2017, reallocate...
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Washington Post Praises Rigell Sequester Plan
Read moreOver the weekend, the Washington Post editorial board wrote a piece praising the sequester plan that Rep. Scott Rigell (R-VA) released last week. The...
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Update: Why Our Debt Is Still a Problem Even if Deficits Fall
Read moreSeptember 30th marked the end of the Fiscal Year, and the final numbers are in. The deficit for last year was $439 billion, according to the final...
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FY 2015 Deficit Falls to $439 Billion, but Debt Continues to Rise
Read moreThis paper was updated on October 15, 2015 to reflect the final end of year deficit as announced by the Treasury Department. The Fiscal Year (FY) 2015...
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How Would Governor Kasich's Plan Reduce Deficits?
Read moreRepublican Presidential candidate Gov. John Kasich (R-OH) has released an "Action Plan" that plots a path to (on-)budget balance by 2025. Perhaps not...
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Happy Fiscal New Year! 15 Numbers from FY 2015
Read moreToday marks the end of Fiscal Year 2015. As we look forward to the important work lawmakers face this coming year, let us also take a brief look back...
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Senate Funding Bill Would Rely on OCO Gimmick
Read moreThe Senate Appropriations Committee earlier this week posted a draft bill that would extend government funding until December 11 and avert a...
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What Will Happen If the Government Shuts Down?
Read moreHere we go again. With government funding set to expire in one week and no clear plan appearing yet, it is possible that the government will shut down...