Economy
Latest
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Running on Empty? Fiscal Space and the Next Recession
Read moreThe national debt increased dramatically during and after the Great Recession, rising from 35 percent of Gross Domestic Product (GDP) in 2007 to 66...
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Scoring Clinton and Trump with Different Growth Assumptions
Read moreIn our analysis "Promises and Price Tags: A Fiscal Guide to the 2016 Election," we compared the fiscal effects of the policies proposed by presumptive...
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Adding Up Senator Cruz's Campaign Proposals So Far
Read moreUpdate, 3/8/16: Since this analysis was posted, the Tax Policy Center added an additional policy of Sen. Cruz’s tax plan to their analysis that...
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Adding Up Donald Trump's Campaign Proposals So Far
Read moreNOTE: This is an archive version of this analysis and contains out-of-date estimates. The most up-to-date analysis can be found here: https:/...
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Report: Analysis of CBO’s January 2016 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its January Budget and Economic Outlook, today, adding more detail to a brief summary released on...
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Interest Rates Continue to Fall in CBO's Forecast
Read moreCBO’s latest budget baseline projects ten-year deficit numbers to be slightly smaller than previously estimated, despite the passage of legislation...
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High Debt Drags Down the Economy
Read moreAccording to the Congressional Budget Office (CBO), rising debt levels could reduce projected annual income by between $2,000 and $6,000 per person by...
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Not Living Up to Potential: CBO Sheds Light On Its Economic Projections
Read moreAs we've mentioned frequently, budget projections and economic forecasts are inextricably linked in determining both the nominal dollar budget numbers...
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Top 14 Charts About the Budget in 2014
Read moreThis year was an eventful one for the federal budget. To explain the year's events, CRFB wrote 427 blogs, 17 papers, and created more than a hundred...
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Fed and Treasury 'rowing in opposite directions'
Read moreThe Federal Reserve's efforts to help the economy recover through quantitative easing (QE), twisting, and tapering have made front page news without...
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Deficit-Financed Tax Cuts May be Counterproductive
Read moreA new paper suggests that tax cuts that add to the deficit provide little boost to economic growth and may actually hinder it. Last week, the Tax...