Last night, President Obama delivered the first State of the Union address of his second term. The President's speech covered a wide range of issues...

Happy New Year – The Chinese New Year was ushered in over the weekend and 2013 is the year of the Snake. According to at least one horoscope, “This...

At 9:00 PM E.T. tonight, President Obama will deliver his State of the Union address to Congress. With many fiscal issues left to be resolved in the...

A popular secondary story from the newest CBO baseline centers on the "doc fix," the patch that prevents a large cut to physician payments due to the...

President Obama was recently quoted in the Washington Post as saying that an additional $1.5 trillion of deficit reduction would hit the $4 trillion...

Analyses of the CBO budget baseline generally focus on the current law baseline, the one that CBO presents in most detail. In the past, we constructed...

Former U.S. comptroller general and CRFB board member David Walker writes in a Poltico op-ed about the need for lawmakers to focus on reaching a...

Last month, we highlighted the “fiscal speed bumps” resulting from the fiscal cliff deal. With the signing of the bill which temporarily waived the...

In CBO’s latest Budget and Economic Outlook, much has changed since their August baseline. As we explain in our report on the February baseline, the...

On the same day they released their February Baseline projection, the Congressional Budget Office (CBO) released a companion report on Macroeconomic...