Budgets & Projections

With the Treasury Department's year-end Monthly Treasury Statement having been released, we have revised last week's report today showing what the...

During the recent slowdown in Medicare spending, the prescription drug portion of the program, Part D, has been the lead actor in the story. The...

With the FY 2014 deficit continuing a trend of falling deficits over the past few years, some commentators have argued that budget hawks are...

While explaining why deficits have fallen from their historically large peak in 2009, we noted the main source of this tumble is a 43 percent rise in...

With the Congressional Budget Office's (CBO) year-end Monthly Budget Review having been released, we published a report today showing what the 2014...

With today's release of the Congressional Budget Office's (CBO) final Monthly Budget Review for Fiscal Year (FY) 2014, many will be focused on the...

The national debt is currently twice the historical average, and will grow unsustainably until Congress makes responsible changes. Voters should be...

In an op-ed in the Washington Post yesterday, editor Fred Hiatt pushed back on assertions by the Obama Administration that they have won over the...

The calendar turns over for the federal government today as FY 2015 is underway. Unlike last year, which started with the government being shut down...

Earlier in the week, we highlighted a portion of CBO Director Doug Elmendorf's presentation at Cornell University highlighting the increased resources...

In a recent presentation at Cornell University, CBO Director Doug Elmendorf explained how the budget is projected to change over time. More resources...