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Welcome to Shutdown
Read moreToday is the first October, first day of 2014 fiscal year, and because of the failure of Congress, the first day of the government shutdown. Yesterday... -
House CR Would Worsen the Deficit by Repealing the Medical Device Tax
Read moreAs we explained this morning, the House of Representatives recently passed a continuing resolution funding the government at FY 2013 levels through... -
Line Items: New Year, No Resolutions Yet Edition
Read moreNot a Rockin’ Eve – Monday is New Year’s Eve...fiscally speaking as October 1 marks the beginning of Fiscal Year 2014. There may be a countdown, and a... -
On the Brink of Shutdown?
Read moreToday is September 30, the last day of the government's fiscal year. If Congress does not agree on a continuing resolution today to authorize spending... -
Discussion with CBO Director Elmendorf on the Costs of Waiting to Address Fiscal Challenges
Read moreAt the House Budget Committee hearing on CBO's Long-Term Outlook, Rep. Reid Ribble (R-WI), who last week sent a letter calling for action on Social... -
The Tax Break-Down: Individual Retirement Accounts
Read moreThis is the ninth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform. Last... -
We Need More Than $13 Trillion in Deficit Reduction Over the Next 20 Years
Read moreIn light of CBO's updated long-term projections, and our subsequent CRFB Realistic Long-Term Projections, CRFB has taken a fresh look at the minimum... -
Introducing CRFB's Latest Long-Term Realistic Baseline
Read moreThe release of the Congressional Budget Office's (CBO) Long-Term Budget Outlook is one of the big events in the budget world, and we'd like to think... -
Senator Levin Presents Ideas for Sequester Replacement
Read moreLast week, Senator Carl Levin (D-MI) introduced legislation that would increase taxes on multinational companies, and suggested that the revenue... -
CBO: A Growing Debt Burden Is a Risky Path to Be On
Read moreContinuing with CRFB's analysis of CBO's latest long-term budget projections, we now turn our attention to one of the central themes throughout CBO's... -
Interest Costs in CBO's Long-Term Projections
Read moreAs part of our blog series on CBO's recent long-term budget and economic projections, we now turn our focus to the fastest growing part of the budget... -
Line Items: Going Down Kicking Edition
Read moreRelying on the Kicking Game – The return of Congress to Washington has been about as productive as the return of RG3 to the football field for DC. The...