PAYGO & CUTGO
Latest
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PAYGO Annual Report Shows Glaring Exemptions
Read moreOMB recently released an annual report on PAYGO, showing the budgetary impacts of PAYGO legislation, current policy exemptions, and exemptions for...
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House Takes Early Steps on Deficit Reduction
Read moreThe 112th Congress has moved quickly to signal a new focus on fiscal responsibility and attention to our ballooning national debt. As Congress...
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House Set to Pass New Rules
Read moreLast night, the House Republican conference approved a new set of rules -- making some big changes to several budgetary rules currently in place. The...
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Have No Fear, CRFB Is Here!
Read moreNoted economist Brad DeLong is asking: where are the technocrats of the center? In a recent blog post, he laments the lack of a concrete plan among...
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Pay As You Go and the Tax Cuts
Read moreContinuing in our discussion of (what we believe to be the most important!) Ten Questions to Ask the Candidates leading up to this coming Tuesday's...
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‘Line’ Items: (Fiscal) New Year’s (Lack of) Resolutions Edition
Read moreShould Old Performance be Forgot, and Never Brought to Mind? – The new fiscal year (2011) began on Friday. Instead of imbibing in champagne, CRFB...
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The Importance of PAYGO
Read moreThe Wall Street Journal reports that a package of tax extenders might have a harder time getting by the PAYGO regime. Since the planned offsets were...
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Keep Your Eye On the Deficit, Say 58 Democrats
Read moreA few days after Senate Republicans jumped on board the Sessions-McCaskill bandwagon, 58 House Democrats called for greater restraint of spending and...
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Steny Hoyer on Everything Fiscal
Read moreIn remarks at the think tank Third Way, House Majority Leader Steny Hoyer covered the bases in talking about our deficits and debt. Among the topics...
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What's An Emergency?
Read moreThe statutory PAYGO law left a gaping hole for spending designated as an emergency. Since the designation has no formal definition, it can technically...
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‘Line’ Items: Greek Tragedy Edition
Read moreFrom Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...
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Bill of Extenders and Tax Breaks May Include Doc Fix
Read morePolicymakers will soon be focusing on passing a new package of extenders and tax breaks that – at a potential cost of around $200 billion over ten...