Budgets & Projections
Latest
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Separating "Current Law" from A "Do Nothing" Baseline
Read moreCBO’s baseline budget projections are often referred to as “current law” since they generally assume Congress continues the laws as they are written...
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Sources of Spending Growth in CBO's Baseline
Read moreCBO's recent budget projections reaffirm that our debt problems are significant. Entitlements are projected to grow, as a result of a retiring...
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How Alternative Policies Could Affect the Budget
Read moreCBO's latest budget projections, while a slight improvement, are not good news for the country's fiscal future. Debt is higher than at any time in our...
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Newest Budget Projections Show Gloomy Fiscal Picture
Read moreThe Congressional Budget Office (CBO) just released its August baseline, updating budget projections from April and economic projections from February...
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Report: Analysis of CBO's Updated Budget and Economic Forecast
Read moreToday, the Congressional Budget Office (CBO) released updated budget and economic projections for the coming decade, showing today’s record-high debt...
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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...