Latest
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CFR: U.S. Falling Behind Other Advanced Countries on Debt
Read moreThe Council on Foreign Relations has released a new report and scorecard comparing the United States federal debt situation to other G-7 countries...
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Medicare Growth Continues to Be Slow
Read morePrior to the release of CBO's August baseline, we surmised that one of the revisions to the budget would come from Medicare, whose growth in 2014 had...
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Separating "Current Law" from A "Do Nothing" Baseline
Read moreCBO’s baseline budget projections are often referred to as “current law” since they generally assume Congress continues the laws as they are written...
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The Health Spending Outlook Has Improved But Pick-Up in Growth Still Expected
Read moreIn a highly anticipated release, the Centers for Medicare and Medicaid Services (CMS) this week released updated data and projections on National...
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The $1.8 Trillion Drop in Revenue Projections
Read moreWith the economy recovering slower than originally anticipated, the government now expects to collect significantly less revenue this decade than it...
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Potential ISIS Operation Shows the Value of Fiscal Space
Read moreRecent events in Iraq and Syria have raised the prospect of expanding military operations in the region beyond airstrikes. Gordon Adams in a Fiscal...
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Sources of Spending Growth in CBO's Baseline
Read moreCBO's recent budget projections reaffirm that our debt problems are significant. Entitlements are projected to grow, as a result of a retiring...
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How Alternative Policies Could Affect the Budget
Read moreCBO's latest budget projections, while a slight improvement, are not good news for the country's fiscal future. Debt is higher than at any time in our...
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Maya MacGuineas: Good Deeds Punished as Crossroads Dings Dems on Debt Plan
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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CRFB Analyzes CBO’s Updated Budget and Economic Forecast
Read moreMoments ago, CRFB published a new 6-page paper summarizing CBO’s latest Budget and Economic Outlook. Under its current law baseline, CBO estimates...
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Newest Budget Projections Show Gloomy Fiscal Picture
Read moreThe Congressional Budget Office (CBO) just released its August baseline, updating budget projections from April and economic projections from February...
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Report: Analysis of CBO's Updated Budget and Economic Forecast
Read moreToday, the Congressional Budget Office (CBO) released updated budget and economic projections for the coming decade, showing today’s record-high debt...