Debt & Deficits
Latest
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Peuquet Highlights Importance of Budget Debates
Read moreAs we face an end-of-the-year legislative crunch that promises to be fiscally irresponsible, former Research Director of the Committee for a...
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Five Years Since Simpson-Bowles: How Much of It Have We Enacted?
Read moreToday marks the fifth anniversary of the National Commission on Fiscal Responsibility and Reform's (Fiscal Commission's) vote on the Simpson-Bowles...
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Q&A: Everything You Should Know About the Debt Ceiling - Oct 2015
Read moreMarch 2017 Note: We have updated this Q&A. A new version is available here.
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Update: Why Our Debt Is Still a Problem Even if Deficits Fall
Read moreSeptember 30th marked the end of the Fiscal Year, and the final numbers are in. The deficit for last year was $439 billion, according to the final...
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FY 2015 Deficit Falls to $439 Billion, but Debt Continues to Rise
Read moreThis paper was updated on October 15, 2015 to reflect the final end of year deficit as announced by the Treasury Department. The Fiscal Year (FY) 2015...
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Auerbach-Gale Projections Also Show Unsustainable Debt Picture
Read moreAlan Auerbach and William Gale at the Tax Policy Center recently released their frequently-updated budget projections. Their new outlook is familiar...
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Report: Analysis of CBO’s Updated Budget and Economic Outlook August 2015
Read moreThe Congressional Budget Office (CBO) today released its updated budget and economic projections for the coming decade, showing that while short-term...
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The Gathering Storm: Fiscal Clouds Amass This Fall
Read moreIn early 2015, the Committee for a Responsible Federal Budget (CRFB) warned of the upcoming Fiscal Speed Bumps, explaining “lawmakers will face a...
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Fiscal FactCheck: The First Republican Debate
Read moreThis blog is the first in a “ Fiscal FactCheck ” designed to examine the accuracy of budget-related statements made during the 2016 presidential...
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Fiscal FactCheck: 16 Budget Myths to Watch Out For in the 2016 Campaign
Read moreUpdate: The original version of this paper had a mathematical typo, saying that Medicare beneficiaries get, on average, 350% more out of the program...
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How Lawmakers Have Added to Deficits This Year
Read moreThe beginning of the 114th Congress was marked by a great deal of rhetoric about fiscal responsibility and passage of a budget resolution promising a...
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Sources of Spending Growth in the Long Term
Read moreOver the past few weeks, we have been posting in-depth analysis of the Congressional Budget Office’s (CBO) Long-Term Outlook. In its supplemental data...