Latest
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Ignoring PAYGO Could Add $2.5 Trillion to the Debt
Read moreCBO's official budget estimates rely on general adherence to current law, meaning that no new laws are passed other than to keep the government...
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How Much Savings Would It Take to Make Debt Sustainable?
Read moreCBO's budget outlook, little changed since its last update, shows the same story it has for a few years: the debt picture will stabilize through about...
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Trust Fund Deadlines Are Closing In
Read moreIn addition to updating budget projections, CBO's baseline also looks at the state of various government trust funds over the next ten years. Two of...
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CRFB Publishes Analysis of CBO's 2015 Budget and Economic Outlook
Read moreYesterday, CRFB published an analysis of CBO’s latest Budget and Economic Outlook. The six-page document summarizes the forecasts and emphasizes the...
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CBO Report Shows Return of Trillion-Dollar Deficits
Read moreTrillion-dollar deficits are coming back in 2025. That's one of the many stories told by the new budget update released today by the Congressional...
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Report: CBO's January 2015 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its Budget and Economic Outlook today, showing their budget and economic forecasts through 2025. After...
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Are the Discretionary Spending Caps Sustainable?
Read moreThe biggest piece of deficit reduction that lawmakers have accomplished so far is the series of caps on annually appropriated discretionary spending...
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The Better Budget Process Initiative: Improving Focus on the Long Term
Read moreFor additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page. The budget...
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We Need To Improve Focus on the Long Term
Read moreToday CRFB released a new paper as part of our Better Budget Process Initiative titled " Improving Focus on the Long Term." The budget process focuses...
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Energy and Commerce Holds First Hearing on SGR
Read moreThe House Energy and Commerce (E&C) Health Subcommittee yesterday held the first of two hearings on the Sustainable Growth Rate (SGR) formula for...