CBO/JCT
Latest
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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... -
More Interesting Charts from CBO Director Elmendorf's Presentation
Read moreEarlier in the week, we highlighted a portion of CBO Director Doug Elmendorf's presentation at Cornell University highlighting the increased resources... -
Elmendorf: Health Care, Social Security, and Interest Spending Will Consume More of the Budget
Read moreIn a recent presentation at Cornell University, CBO Director Doug Elmendorf explained how the budget is projected to change over time. More resources... -
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... -
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... -
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... -
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... -
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... -
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... -
JCT Identifies $1.2 Trillion in Tax Breaks This Year
Read moreAs lawmakers fight over whether to extend and expand expired tax breaks or create new ones, the Joint Committee on Taxation (JCT) this week updated... -
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... -
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...