Latest
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One Month to Go for Highway Funding
In a newly released ticker, the Department of Transportation has shown that there is one month left for lawmakers to decide on funding for the Highway...
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Senate Budget Committee Reports Crime Victims Fund Legislation
Last week, the Senate Budget Committee passed a bill to limit the use of the Crime Victims Fund (CVF) as a back-door method to increase appropriations...
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How Uncertain Are CBO's Long-Term Projections?
Any budget projections, including CBO's long-term outlook, are inherently uncertain, and it is important to understand how projections might change...
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CBO's Outlook for Long-Term Health Care Spending
Health care spending is arguably the most important part of CBO's long-term outlook, being a key driver of our nation's growing debt over the long...
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Samuelson to Lawmakers: Spread the Pain
As Washington digests this year’s CBO Long Term-Budget Outlook, Robert J. Samuelson of The Washington Post offered up his criticism of the country’s...
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8 Great Ways To Grapple With Gimmicks
In recent years, lawmakers have frequently used budget gimmicks to get around rules designed to maintain budgetary discipline -- if they pay attention...
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The Better Budget Process Initiative: Strengthening Statutory Budget Enforcement
For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page.
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Waiting To Reduce Debt Makes It More Difficult
In their recently released long-term outlook, the Congressional Budget Office (CBO) laid out multiple scenarios for addressing our unsustainable long...
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Senate Budget Committee Hearing on CBO Long-Term Fiscal Outlook
Last week, CBO Director Keith Hall testified before the Senate Budget Committee on the release of CBO’s Long-Term Budget Outlook. Senators questioned...
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ACA Repeal Could Add $5 Trillion to the Debt Within 20 Years
Much of the focus on the Congressional Budget Office's (CBO) score for repealing the Affordable Care Act (ACA) naturally has focused on the ten-year...
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Shoring Up Trust Funds Greatly Improves Debt
The main focus of CBO's long-term budget outlook is rightly on the unified budget numbers regarding spending, revenue, deficits, and debt. But it is...
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New Affordable Care Act Repeal Estimate Still Shows Deficit Increase
For the first time in nearly three years, the Congressional Budget Office (CBO) released a new estimate of the budgetary effect of repealing the...