CBO/JCT
Latest
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CBO on the Caps
Read moreThe caps on discretionary spending were, of course, the concrete centerpiece of last week's budget deal. Considering the importance of the caps, CBO...
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CBO Releases Social Security Projections
Read moreCBO's latest Social Security projections bring no surprises to anyone familiar with the state of the program's finances. CBO projects the program to...
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Will We Have a Lower Deficit This Year Than Last Year?
Read moreBudget projections are a rather fickle thing, especially in the midst of great uncertainty about the strength of the economic recovery. By accident...
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CBO Scores the Reid and Boehner Plans
Read moreUpdate: CBO has just released its own comparison table of the Reid and Boehner plans, where it now breaks out the war and non-war interest savings...
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CBO on Selling Excess Federal Property
Read moreMany of the fiscal plans produced over the last several months -- including the Gang of Six plan and the President’s budget -- propose selling excess...
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The Decisions Behind Getting to a Sustainable Debt Path
Read moreAlthough this idea isn't brand new, CBO director Doug Elmendorf has a blog post that concisely illustrates the trade-offs that must be made in order...
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Deficit Reduction Helps the Economy, But It Isn't Just a Counting Exercise
Read moreCBO recently released its analysis of a hypothetical deficit reduction plan's effect on the economy. They use a $2.4 trillion deficit reduction plan...
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Projecting Defense Spending
Read moreIn a recent report, CBO estimated the base defense budget from 2012 out through 2030 using the Defense Department's Future Years Defense Program (FYDP...
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Understanding the Long Term Budget Projections
Read moreAs if we didn't have enough on CBO's Long Term Outlook last week, we have more long-term budget projections, this time in the form of CRFB's Realistic...
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CBO Makes the Case for Strict Pay-As-You-Go (PAYGO) Rules
Read moreIn their recent Long Term Outlook, CBO shows the nation to be on an unsustainable fiscal path if we continue our current policies. Under its...
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The Economic Effects of High Debt
Read moreContinuing our analysis of CBO's Long-Term Outlook, we looked yesterday at the policy assumptions under CBO's two budget paths and at spending and...
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CBO's Elmendorf to Testify Before House Budget Committee at 10am Today
Read moreAt 10am today, CBO director Doug Elmendorf will testify before the House Budget Committee on CBO's latest Long-Term Budget Outlook, released yesterday...