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‘Line’ Items: Budget Day Edition
Read moreBig Day – Today is the big day in budget world. The White House released its fiscal year 2013 budget request. As you can imagine, CRFB has been busy...
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Bowles-Simpson's Best Endorsement Yet?
Read moreJust when you thought you've seen it all, here's Clint Eastwood on CNBC's "Squawkbox" this morning touting the Fiscal Commission plan. Given the large...
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More Details on the President's Budget
Read moreIn a post earlier this week detailing what's known about the President's budget, we discussed policies that were likely to appear on Monday. Now, the...
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House Passes Modified Line Item Veto
Read moreExpedited rescission authority, a cousin of the line-item veto, has been considered countless times by Congress since the line item veto was declared...
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Integrating the Budget Process and the Campaign
Read moreHarvard Law School professor Howell Jackson has an interesting idea in a Reuters op-ed: if fiscal issues are going to be extremely important in the...
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Previewing the President's Budget
Read moreWith less than a week before the President's budget comes out The Wall Street Journal has reported that it will be similar to the September submission...
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Military Retirement Needs Reform
Read moreMilitary pensions for high-ranking officers are going up significantly, according to a USA Today article. Due to a change in the Defense Authorization...
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'Line' Items: Baseline Edition
Read moreBaseline Instinct – The Congressional Budget Office (CBO) on Tuesday released its much-awaited 2012 Budget and Economic Outlook. According to CBO, if...
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The Road to Economic Growth
Read moreThe McKinsey Global Institute recently released a report assessing the efforts of the world’s ten largest mature economies (United States, Japan...
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Bernanke 'Supportive of Going Big'
Read moreSupporters of enacting a comprehensive deficit reduction plan got a boost yesterday from Federal Reserve Chairman Ben Bernanke. At a hearing with the...
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Social Security in Even Worse Shape than Before
Read moreOver the course of this week, we have been discussing CBO's recent Budget and Economic Outlook. On Tuesday, we summarized the report and released a...
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It's About How and When, Not Just How Much
Read moreWe noted earlier this week that CBO's current law economic assumptions in the near-term do not look very stellar, especially in 2013 when the economy...