Latest
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Appropriations Watch: FY 2015
Read moreNote: For the latest fiscal year, click here . Final FY2015 funding was settled through the " CROmnibus" bill in December 2014 and March 2015 Homeland...
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CBO: GSE Reform Saves $58 Billion (Or $7 Billion)
Read moreOne of the bills to replace Fannie Mae and Freddie Mac and overhaul the housing finance system just got a verdict from CBO: it will save $58 billion...
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CFED: Housing Tax Incentives are Upside Down
Read moreTax breaks for homeowners are one of the largest categories of tax breaks offered by the federal government. A new report by the Corporation for...
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What Happened to Interest Rates?
Read moreOne of the biggest stories in CBO's August budget update was the huge downward revision to expected spending on interest to service the debt, down by...
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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...