CBO/JCT
Latest
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CBO's Updated Baseline Just Released
Read moreThe Congressional Budget Office has just updated its Economic and Budget Outlook. We will be releasing a paper on changes to CBO's projections from...
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CBO's Updated Economic and Budget Outlook
Read moreCRFB has just released a new analysis of CBO's updated Budget and Economic Outlook. The CBO updates its baseline every year in January, March, and...
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Through Ten Months, the Deficit is $975 Billion
Read moreCBO's Monthly Budget Review for July lays out how the first ten months of this fiscal year compared to last year. The FY 2012 deficit so far totals...
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Fiscal Fact Checker: What Caused the Swing From Surplus to Deficit?
Read moreThe Hill points to a press release by Senator (and former OMB director) Rob Portman (R-OH) that claims the upper-income portion of the 2001/2003/2010...
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CBO Projects DoD's Plans Will Cost More Than Their Estimates
Read moreToday, CBO has released yearly estimates of the long-term budget projections for the Department of Defense. The DoD provides a plan to Congress called...
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Targeting Tobacco: The Budgetary Effects of a Cigarette Tax Increase
Read moreCBO's latest report details the full effects on the federal budget of raising the federal excise tax on cigarettes. As they would when analyzing any...
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The Drivers: Health Care Cost Growth and Population Aging
Read moreIn our recent analysis of CBO's Long-Term Budget Outlook, we elaborated on how the overall federal debt is on an unsustainable path. Just twelve years...
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Economics of the Long Term Outlook
Read moreCBO's Long Term Outlook includes a number of variables on how the budget would look over the next 75 years. But they also show how the economy would...
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CBO Really, Really Makes the Case For Strict Pay-As-You-Go Budgeting
Read moreBased on CBO's Long Term Outlook, one could conclude solely based on the debt levels projected that either we were headed on a sustainable path, with...
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CBO's Long Term Spending and Revenues
Read moreThe CBO’s long-term projections offer an interesting look at future revenues and spending that show the stark implications of fiscal irresponsibility...
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Fiscal Fact Checker (Revisited): CBO's Record on Scoring the Affordable Care Act
Read moreCritics of CBO scoring like to cite past predictions that widely missed the mark. Sometimes, too, critics compare apples to oranges, and that is the...