Budgets & Projections
Latest
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Gleckman: A Return to Fiscal Normalcy but Not For Long
Read moreIn response to the release of final FY 2014 deficit numbers, Tax Policy Center's Howard Gleckman writes that this year's outcome just returns the...
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The More the Budget Changes, the More Things Stay the Same
Read moreWith FY 2014 officially in the book, it’s time to look back at how spending and revenues have changed since the FY 2009’s highest nominal deficit of...
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Why Has the Deficit Come Down Faster Than Expected?
Read moreWe noted in our discussion of the final Monthly Treasury Statement for 2014 that the deficit has fallen by two-thirds since 2009 after rising by...
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Report: Deficit Falls to $483 Billion, but Debt Continues to Rise
Read moreThis paper has been updated for FY 2015 and is now located here. Original October 8th: the Congressional Budget Office (CBO) projected the FY 2014...
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Update: Falling Deficit is Not a Sign of Fiscal Sustainability
Read moreWith the Treasury Department's year-end Monthly Treasury Statement having been released, we have revised last week's report today showing what the...
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How Medicare Part D's Low-Income Subsidy Could Work Better
Read moreDuring the recent slowdown in Medicare spending, the prescription drug portion of the program, Part D, has been the lead actor in the story. The...
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The Concern Has Always Been Long-Term Deficits
Read moreWith the FY 2014 deficit continuing a trend of falling deficits over the past few years, some commentators have argued that budget hawks are...
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Delayed Action on Extenders Might Add to FY 2015 Deficit
Read moreWhile 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...
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Falling Deficit is Not a Sign of Fiscal Sustainability
Read moreWith the Congressional Budget Office's (CBO) year-end Monthly Budget Review having been released, we published a report today showing what the 2014...
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Medicare Registers Fourth-Lowest Growth Rate in Program History in 2014
Read moreWith 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...
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Concord: Key Questions to Ask Candidates About Our Fiscal Future
Read moreThe national debt is currently twice the historical average, and will grow unsustainably until Congress makes responsible changes. Voters should be...
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Hiatt: There Hasn't Been a Deficit Victory
Read moreIn 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...