Latest
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CRFB Analyzes the CBO Long-Term Outlook
Read moreCBO's Long-Term Budget Outlook is a long and detailed 140-page document – filled to the brim with facts, figures, scenarios and assumptions – and...
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CRFB Examines the Budget Process At Age 40
Read moreYesterday, the Commmittee for a Responsible Federal Budget released a paper detailing the problems with the federal budget process. In light of the...
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Report: The 2014 CBO Long-Term Budget Outlook
Read moreThe Congressional Budget Office (CBO) today released its 2014 Long-Term Budget Outlook, detailing the budget picture for the next 75 years. The report...
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How Much of a Payroll Tax Increase Would It Take to Fix Social Security?
Read moreAround this time of year, the Social Security Trustees usually issue their report on the status of the program over the next 75 years. In advance of...
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The Budget Act at 40: Time for a Tune Up?
Read moreFor additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page. Forty years ago...
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Bipartisan Agreement on Gimmicks to Fund the Highway Trust Fund
Read moreBoth the House Ways and Means Committee and the Senate Finance Committee approved legislation on Thursday to fund a short-term patch for the Highway...
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Mid-Session Review Shows Worse Outlook for President's Budget
Read moreThe Office of Management and Budget (OMB) this afternoon released the Mid-Session Review, updating its budgetary and economic estimates for the...
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Would Bonus Depreciation Grow the Economy and Pay For Itself?
Read moreThe House passed legislation today to expand and make permanent the bonus depreciation rules that expired at the end of last year. A key argument for...
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White House Releases Supplemental Immigration Request
Read moreThe White House this week requested an additional $4.3 billion in discretionary appropriations for the current fiscal year to cover the cost of the...
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Continued Slow Growth for Medicare in 2014
Read moreCBO's release of the June Monthly Budget Review (MBR) gives us another data point in what has been an interesting story for Fiscal Year (FY) 2014: the...
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Don't Use a Gimmick to Fund Our Highways
Read moreThe House Ways and Means Committee just published its plan for a short-term fix to the Highway Trust Fund, which needs an additional $8 billion to...
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Congress Must Abide by PAYGO for Upcoming Legislation
Read moreCongress returns from its July 4th recess this week, and it will have plenty of work to do. Most pressing is the looming insolvency of the Highway...