Latest
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An Odd Couple: Millionaire Surtax Paired with Balanced Budget Amendment Requirement
Read moreIn what was surprising news to many when, yesterday, freshman Rep. Rick Crawford (R-AR) announced that he would introduce legislation that would apply...
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Senate Passes Transportation Bill
Read moreYesterday, the Senate passed a two-year $109 billion transportation bill by a 74-22 vote. Since 2009, when the last five-year transportation bill...
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Health Spending Changes in CBO's March Baseline
Read moreIn its March baseline, CBO made a number of changes in its projections for health care spending. Given the significance of health spending to the...
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New York Times Looks at Tax Expenditures
Read moreAn interesting article by Eduardo Porter in today’s New York Times, A Nation With Too Many Tax Breaks, takes a look at the role of tax expenditures in...
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CBO's Got a Brand New Baseline
Read moreAlthough CBO's analysis of the President's budget is the newsmaker in March in the budget world, CBO also updates its current law baseline, which...
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CBO’s Projections Show Need for Smart, “Go Big” Approach: Comparing Major Debt Reduction Plans
Read moreCRFB has published an updated version of this comparison chart on its blog, The Bottom Line.
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CRFB Compares the Major Deficit Reduction Plans
Read moreComparing fiscal plans can often be a difficult task. The plans may use different baselines, use different ten-year windows, have different estimates...
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Jumping Through Hoops to Avoid the Sequester
Read moreYesterday, in POLITICO David Rogers had an article about an effort in the House to temporarily delay the sequester scheduled to hit at year's end. As...
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Line Items: Spring Forward Edition
Read moreSpring in Their Step? – As part of the annual spring ritual, we moved the clocks forward an hour. While time marches on, Washington seems stuck in...
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David Walker: Presidential Candidates’ Budget Plans Not Feasible
Read moreIn an op-ed in Roll Call, David Walker lamented the lack of a "feasible" debt plan among the Presidential candidates, including President Obama. While...
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Tax Ideas from Citizens for Tax Justice
Read moreThe Citizens for Tax Justice (CTJ) just released a new report detailing their own estimates of a number of options for raising revenue through...