CBO/JCT

Congressional leaders have agreed to reappoint Doug Elmendorf as the director of the Congressional Budget Office. Mr. Elmendorf, who has been the...

The International Monetary Fund (IMF) released its World Economic Outlook update today, on the eve of two big moments for U.S. fiscal policy - the...

What Will He Say? – On Tuesday President Obama will avail himself of one of the most effective tools a President has to shape the Washington agenda...

Shooting Puts Legislative Business on Hold – The shooting of Congresswoman Gabrielle Giffords and 19 others in Tucson, Arizona has resulted in House...

There has been an increasing amount of talk this week concerning calls for repeal of the health care reform legislation, as the 112th Congress...

The Congressional Budget Office made an unusual jump into the fiscal fray back in the summer, spelling out the specific harm that excessive long-term...

Last week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...

CBO has issued new numbers for the total costs of the Troubled Asset Relief Program (TARP). CBO now estimates that TARP will cost $25 billion over the...

Day of “Discovery” – Today we celebrate the man who quasi-discovered the Americas with a quasi-holiday that not everyone gets off (including the Line)...

CBO, in its most recent Monthly Budget Review, estimated that the FY 2010 budget deficit (the fiscal year that ended at the end of September) was just...

In testimony before the Senate Budget Committee last week, CBO Director Douglas Elmendorf quantified the impacts that extending some or all of the...

Right on the two-year anniversary of its enactment, the Troubled Asset Relief Program's (TARP) authority to disburse new money ended on Sunday. The...