Latest
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McCarthy Suggests Increased Focus on Long-Term Budgeting
Read moreHouse Majority Leader Kevin McCarthy (R-CA) tells Politico that his priorities for the next Congress include the budget process, and in particular...
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Social Security is A Little Bit Harder to Secure
Read moreSocial Security's finances are far from secure, and every year that Congress waits before addressing the problem makes it harder to fix. This week...
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Why the 40-Year Average is a Poor Benchmark
Read moreIn response to Howard Gleckman's piece on the FY 2014 deficit where he noted that the budget had returned to "normal," Donald Marron wrote that the...
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CAP Report Warns Against Turning War Spending Into a Slush Fund
Read moreThe Center for American Progress' Katherine Blakeley and Lawrence Korb recently issued a report recommending how lawmakers should wind down war...
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Coburn Publishes Wastebook 2014
Read moreYear after year, Senator Tom Coburn (R-OK) refuses to simply give lip service to "wasteful government spending" and has instead called out...
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SSDI Hearings Running Behind
Read moreAlthough the Veterans Affairs (VA) and the Patent Office are infamous among federal agencies for the long wait times and lines, their backlogs pale in...
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How CBO Accounts for Anti-Fraud Efforts
Read moreFraud -- along with the closely related waste and abuse -- is too often cited as a big factor affecting our high deficits, even though this is not the...
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Maya MacGuineas: Yes, the Deficit Is Smaller. But That Wasn’t the Main Problem.
Read moreMaya MacGuineas, president of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
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Medicare's Slowdown: A Story About Part D
Read moreIn a Health Affairs blog post, CRFB's Loren Adler and Adam Rosenberg find that most of the recent slowdown in Medicare's costs is attributable to the...
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My View: Alan Simpson and Erskine Bowles
Read moreAlan Simpson and Erskine Bowles are the former chairs of the Simpson-Bowles Fiscal Commission and members of the Committee for a Responsible Federal...
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Gleckman: A Return to Fiscal Normalcy but Not For Long
Read moreIn response to the release of final FY 2014 deficit numbers, Tax Policy Center's Howard Gleckman writes that this year's outcome just returns the...
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The More the Budget Changes, the More Things Stay the Same
Read moreWith FY 2014 officially in the book, it’s time to look back at how spending and revenues have changed since the FY 2009’s highest nominal deficit of...