Economics

One of the biggest stories in CBO's August budget update was the huge downward revision to expected spending on interest to service the debt, down by...

In 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...

New calculations in the Congressional Budget Office's Long-Term Budget Outlook show that the high debt projected under current law could diminish...

In the context of a middling U.S. economic recovery, several commentators have argued that we should ignore deficit reduction in order to pursue...

The Peter G. Peterson Foundation held its 2014 Fiscal Summit today, bringing together a number of current and former policymakers, experts...

Along with its analysis of the conventional revenue impacts ( summarized here by CRFB), the Joint Committee on Taxation (JCT) analyzed the potential...

In its February 2014 Budget and Economic Outlook, CBO continued its previous warnings from last year's February outlook and September's long-term...

Yesterday in an interview on CNBC's Squawkbox, former Treasury Secretary Larry Summers chimed in again on his views that boosting economic growth...

Two weeks ago, we responded to a Larry Summers op-ed calling for a focus on growth rather than deficits. Yesterday, Wall Street Journal economics...

A number of commentators have suggested recently that our budget problems could be solved if only we focused more on promoting economic growth...

As we enter day 2 of the government shutdown, Americans across the country are already feeling the impact. With federal government offices and...