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Op-Ed: How to Add Teeth to Obama's Plan for a Debt Failsafe
Read moreWashington Post | April 29, 2011 In his recent it’s-time-to-get-serious-on-the-budget speech, President Obama introduced his idea for a debt fail-safe... -
The Onion Fills in Gaps in Obama Framework
Read moreLast week we issued an analysis of the fiscal framework that President Obama recently unveiled. We noted that, while it was a strong step in the right... -
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Senator Reid In Favor of 'Deficit Cap' in Debt Limit Increase
Read moreYesterday, Senate Majority Leader Harry Reid (D-NV), proposed adding a "deficit cap" to forthcoming legislation to increase the debt ceiling. While... -
Targeting Budget Process, Triggering Fiscal Progress
Read more“Trigger” has become the term du jour in the budget world as of late, particularly as it relates to the debt limit, and it doesn’t refer to shooting... -
Former CRFB Chairman Leon Panetta Selected to Be Next Secretary of Defense
Read moreUPDATE: Gordon Adams over on CG&G argues that Panetta is the right man for the job for three reasons: he knows budgets, he's a decisive administrator... -
Stimulus Provisions: Extended or Not?
Read moreIn early 2009, lawmakers enacted an economic stimulus package to help stem the economic freefall which was shedding hundreds of thousands of jobs per... -
What Happens If China Stops Buying Our Debt
Read moreMegan McArdle at The Atlantic writes about what happens if China stops buying U.S. Treasury bonds. She points out that a fiscal crisis is unlikely to... -
MY VIEW: David Stockman
Read moreIn Sunday's New York Times, CRFB board member David Stockman wrote an op-ed discussing the recent budget proposals from President Obama and House... -
‘Line’ Items: Post Easter Edition
Read moreAfter the Bunny – Easter has come and gone. Chocolate-induced comas are being overcome and many -- though not Congress -- return this week from spring... -
CBO: The Role of Automatic Stabilizers in Deficits
Read moreYesterday, CBO released a report on the effect of automatic stabilizers on the deficit, showing that in recent years, they have added hundreds of... -
The Case for a Debt Failsafe
Read moreYesterday, CRFB released an analysis of President Obama's new deficit reduction framework meant to save $4 trillion dollars over 12 years. Using CBO's...