Budgets & Projections
Latest
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Is the 2014 Budget Meeting Expectations?
Read moreThe Congressional Budget Office (CBO) is set to update its budget and economic projections tomorrow, laying out the fiscal picture for the next ten...
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How to Get a Balanced Budget in Ten Years
Read moreIn a New York Times article describing Republican plans if they re-take Congress next year, reporter Carl Hulse cited CRFB, saying that "balancing the...
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Resources to Help Paul Krugman Understand the Cost of Delay
Read moreIn his blog this weekend, Paul Krugman suggested the cost of waiting to address our mounting national debt is relatively minor. He asks “why, exactly...
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Drivers of the Debt: Aging in the Medium Term, Health Costs Over the Long Term
Read moreThe recent CBO Long-Term Budget Outlook confirmed that our long-term debt problems remain far from solved, with debt projected to exceed the size of...
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Actually, Paul, the Debt is Still a Problem
Read moreIn a recent New York Times column, economist Paul Krugman argued that the focus on the national debt represented “an imaginary budget and debt crisis...
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Economic Effects of the President's Budget: It's All About Immigration Reform
Read moreIn its release this week of the economic effects of the President's budget, CBO found it would increase the size of the economy, mainly due to...
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How to Deal With Budget Projection Uncertainty
Read moreIn our series on the long-term budget outlook, we covered how debt projections would change if some of CBO's economic and technical assumptions turned...
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Pension Smoothing Does Not Reduce the Deficit
Read moreIn the coming days, the Senate will vote on the House-passed measure to replenish the Highway Trust Fund. The bill is a last-ditch effort to prevent...
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Trust Fund Insolvency Dates Are Approaching Fast
Read moreAlthough most of our analysis of CBO's Long-Term Budget Outlook has focused on debt projections, CBO also makes projections about the solvency of...
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What If...
Read moreAny budget projection is inherently uncertain, and that uncertainty is magnified when the projection period is extended to 25 or 75 years, as the...
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CBO: Consequences of a Growing National Debt
Read moreIn addition to showing the path of future debt, CBO's Long-Term Budget Outlook described the consequences of a large and growing federal debt. The...
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CRFB's Maya MacGuineas on the Long-Term Budget Outlook
Read moreThis week, CRFB President Maya MacGuineas appeared on Bloomberg Television to discuss the CBO's Long-Term Budget Outlook and how imperative it is for...