Latest
-
Fiscal Targets: Why We Need Both Medium and Long-Term Targets
Read moreThe President's Fiscal Commission has been charged with proposing: "Recommendations designed to balance the budget, excluding interest payments on the...
-
OECD on the Fiscal Outlook: The Way Forward
Read moreThe OECD (the Organization for Economic Cooperation and Development, the Paris-based think tank for the 31 richest countries) released its twice-a...
-
Senate Will Vote Today on War Supplemental -- and Paying for It
Read moreA close vote is expected today to end debate in the senate on a $59 billion supplemental that includes funding for operations in Iraq and Afghanistan...
-
Translating Dr. Summers’ Econospeak: Are Budget Deficits Good or Bad?
Read moreLarry Summers gave a very interesting and thoughtful talk in Washington recently (May 24). But it was delivered in High Oracular Econospeak, so many...
-
Live Webcast: Fiscal Commission's Second Meeting
Read moreThe President's Fiscal Commission is holding its second public meeting, which is being webcast live on the White House's website. We've embedded the...
-
Spending Cuts Make Good Offsets Too
Read moreThe extenders bill the House is considering would cost $190 billion between 2010-2020. Only $56 billion of that would be offset. Emergency...
-
The Budgetary Impacts of Fed Actions
Read moreYesterday CBO issued a very interesting report on the budgetary impact of the Federal Reserve's actions to address the economic and financial crisis...
-
Aging and Entitlements
Read moreThe U.S. Census Bureau came out with with a report this month on aging in the United States. Not to anyone's surprise, the report found that between...
-
Estimates of the Wyden-Gregg Tax Reform Bill
Read moreA few months back, we discussed a comprehensive proposal by Senators Ron Wyden (D-OR) and Judd Gregg (R-NH), the Bipartisan Tax Fairness and...
-
Safety Net and Tax Extender Proposals Are Still Not Paid For
Read moreCBO and JCT have released updated cost estimates of the most recent version of the American Jobs and Closing Tax Loopholes Act (H.R. 4213), a bill...
-
Will Congress Embrace Spending Restraints?
Read moreAs Congress debates hundreds of billion of dollars of new deficit-spending this week, they may also begin considering two proposals which can actually...
-
‘Line’ Items: Getting Out of Town Edition
Read moreHeavy Congressional Workload Before Break – Congress has a busy week ahead before it leaves town for next week’s Memorial Day recess. Lawmakers want...