Latest
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The Washington Post on Why We Must Address Long-Term Debt
Read moreYesterday, the Washington Post Editorial Board published an editorial urging lawmakers to use the looming shutdown as an impetus to come up with a...
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CBO Still Unsure Whether Recent Health Care Slowdown Means Lower Long-Term Growth
Read moreUpdate: The second graph has been corrected to show the correct year for each line. It is no secret that the growth of federal health care spending is...
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Event Recap: CRFB Hosts 'Defining Moments in Debt'
Read moreOn September 18, CRFB hosted "Defining Moments in Debt," a panel discussion at the Captial Visitor Center about the many impending "fiscal speed bumps...
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MY VIEW: David Walker September 23, 2013
Read moreIt's the first week of fall, and that means the end of the fiscal year is drawing to a close. Unfortunately, we still do not have a bill funding the...
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Op-Ed: Weak Leaders Fumble the Public Purse
Read moreWashington Times | September 23, 2013 The past decade has been a disaster when it comes to fiscal stewardship and political leadership. Our official...
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Peters Introduces Constructive Budget Process Reforms
Read moreWith the debt limit approaching and another showdown looming, the focus of some policymakers may naturally turn to how to avoid a similar potentially...
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The Tax Break-Down: Accelerated Depreciation
Read moreThis is the eighth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform. Last...
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What Do High Debt Levels Do To Our Economy?
Read morePoliticians and economists have long talked about the negative effects of an accumulating national debt, but cannot always quantify their position...
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Congressman Ribble Calls for Action on Social Security
Read moreRecently, Congressman Reid Ribble (R-WI) sent a letter to his colleagues in Congress calling for them to use the upcoming fiscal discussions to push...
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Senator Mike Lee Introduces Tax Reform Plan
Read moreOn Tuesday, Senator Mike Lee (R-UT) presented his Family Fairness and Opportunity Tax Reform Act, which will be introduced in the coming days. Senator...
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What Happened to the Alternative Fiscal Scenario?
Read moreUpdate: CBO has now released its official Alternative Fiscal Scenario estimates (tab 6 of the Excel). They find that debt reaches 165 percent of GDP...
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MY VIEW: David Walker September 18, 2013
Read moreMany are pessimistic about whether Congress will be able to meaningfully address our countries debt challenges this fall, especially with the...