Latest
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CBO Scores the Reid and Boehner Plans
Read moreUpdate: CBO has just released its own comparison table of the Reid and Boehner plans, where it now breaks out the war and non-war interest savings...
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Low GDP Growth and Stalemate in the Congress
Read moreWith the Bureau of Economic Analysis releasing tepid GDP numbers of only 1.3 percent growth and last night's failure of the House of Representatives...
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MY VIEW: Alan Simpson, David Stockman and Bill Frenzel
Read moreCNN recently invited several former Washington leaders to offer their thoughts on Washington's debt-ceiling gridlock, and we are proud to say that...
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What the Ratings Agencies Have Said
Read moreDuring the debt ceiling debate, what the credit ratings agencies have said can get lost in the shuffle. So, a summation of what each of the three...
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CBO on Selling Excess Federal Property
Read moreMany of the fiscal plans produced over the last several months -- including the Gang of Six plan and the President’s budget -- propose selling excess...
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Fed's Beige Book Points to Slowing Economy
Read moreFed’s latest Beige Book, released yesterday, pointed to slowing growth (but still positive growth) across many economic sectors and regions. On a...
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If You’re Going to Rely on Savings Targets, Specify the Baseline
Read moreAs CRFB has certainly been making clear, we would prefer a "big deal" that dealt with all areas of the budget and reduced debt as a share of the...
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IMF Report Calls for Balanced, Comprehensive Fiscal Reform Plan
Read moreEarlier this week, the International Monetary Fund (IMF) released its annual report The United States: 2011 Article IV Consultation, highlighting the...
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More Support for the Gang of Six
Read moreAs the debt-ceiling proposals from Rep. Boehner and Sen. Reid continue to be debated, support for the comprehensive, balanced proposal offered by the...
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Recent Study Ranks U.S. Debt Fifth Largest Among Major Economies
Read moreA recent report from the Associated Press Global Economy Tracker found that the U.S. national debt (as a percentage of GDP) is the fifth largest among...
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A Tale of Two Caps
Read moreUpdate: CBO has scored Boehner's legislation, showing it to reduce deficits by a total of $850 billion from 2012-2021. The discretionary caps are $1.1...