Latest
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Wessel: Prudent Politicians Would Focus on the Long Term, Today
Read moreIn his column in today's Wall Street Journal and an accompanying audio clip, David Wessel takes on the question before Washington: Is the budget...
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Celebrating 78 Years of Social Security
Read moreIt's August 14 and that means it is Social Security's birthday! The program has been around for 78 years, providing retirement security to the elderly...
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What the New GDP Numbers Mean for Budget Projections
Read moreYesterday, we noted the revisions that CBO has made to its historical budget data going back to 1973, in light of the Bureau of Economic Analysis's...
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CBO Updates Their Historical Budget Data
Read moreNearly two weeks ago, the Bureau of Economic Analysis released its GDP report with a $560 billion upward revision for 2012. As we explained at the...
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Watch 160 Years of Population Aging...In One Chart
Read moreOver at Calculated Risk, Bill McBride has created an animated chart showing America's age distribution evolve, as far back as 1900 to the current day...
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An Example of Reforming Beyond Tax Expenditures: Executive Compensation
Read moreBefore leaving for August recess, Senators Jack Reed (D-RI) and Richard Blumenthal (D-CT) introduced S. 1476, which would end the ability of...
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Hubbard and Kane Highlight Budget Process Reform
Read moreThis weekend in The New York Times, former Chairman of the Council of Economic Advisors Glenn Hubbard and the Hudson Institute's Tim Kane challenged...
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MY VIEW: Bob Packwood
Read moreAs the Senate Finance Committee looks to take up tax reform, one of the higher ranking members on the Committee who will likely shape the process is...
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The Still Unsolved Health Care Mystery
Read moreIn yesterday's Washington Post, Robert Samuelson explores the unsolved "health spending mystery," whether the recent slowdown in health care spending...
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Ways and Means Committee Continues Work on Entitlement Reform
Read moreWhile everyone is focused on tax reform developments these days, we cannot forget about the need for entitlement reform. In an attempt to devise a...
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Comprehensive Deficit Reduction Need Not Slash Retirement Benefits to Control Spending
Read moreA recent report from Scott Lilly at CAP makes the case that policymakers have only two real choices to respond to the future growth in debt levels...
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Tax Reform on the Daily Show
Read moreJohn Oliver, interim host of The Daily Show with John Stewart, opened last night's program with an update on tax reform. The segment is hilarious, but...