CBO/JCT
Latest
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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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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...
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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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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...
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Quantifying the Cost of Waiting to Address Debt
Read moreThe Congressional Budget Office's (CBO) Long-Term Budget Outlook shows a clearly unsustainable debt path over the long term, one that policymakers...
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CBO: Social Security Trust Fund To Be Exhausted 1 Year Earlier, in 2030
Read moreOne of the biggest stories of last year's long-term outlook was the deterioration in Social Security's financial picture. Largely due to CBO's...
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CBO Releases 2014 Long-term Outlook
Read moreEarlier today, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. Although CBO normally makes ten-year projections...
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CRFB Analyzes the CBO Long-Term Outlook
Read moreCBO's Long-Term Budget Outlook is a long and detailed 140-page document – filled to the brim with facts, figures, scenarios and assumptions – and...