Latest
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CBO Projects Social Security Deficits in 2010
Read moreCBO recently published new projections for the revenues and outlays for Social Security (kudos to Andrew Biggs for pointing this out). The updated...
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Welcome to The Bottom Line!
Read moreCRFB.org has just completed a major web redesign! We encourage you to explore the entire site, along with a whole new USBudgetWatch.org and Stimulus...
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Budgeting through Footnotes
Read moreThis morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to incorporate $85 billion in tax breaks...
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Constructing a "Current Policy" Baseline
Read moreToday, US Budget Watch released The Cost of “Current Policy”. In this analysis, we show that, while deeply troublesome, CBO’s $7.1 trillion ten-year...
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The Cost of "Current Policy"
Read moreThe CBO recently projected a ten-year deficit of $7.1 trillion using a "current law" baseline. But these numbers may prove to be optimistic. CRFB...
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The Ups and Downs of Buttressing the Economy
Read moreYesterday, the Wall Street Journal posted an article discussing the FDIC’s soon-to-be urgent need to draw money from its $500 billion Treasury line of...
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Pandering to Seniors
Read moreResponsible budgeting is always challenging – but it is particularly so when the discussion centers on certain “third rail" issues like seniors...
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Wash Post and FT Call For Medium-Term Deficit Reduction Plan
Read moreRecently, both the Washington Post ( Bad-News Budget) and the Financial Times ( Fiscal Challenges for a Recovering US) have written excellent...
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So What Will the Deficit Really Be?
Read moreLast week, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook and the Office of Management and Budget (OMB)...
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NewsHour Budget Segment
Read moreMacGuineas, Guha, and Wessel on the NEWSHOUR, on the reappointment of Bernanke and the new budget numbers.
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Put Another $2 Trillion on the Tab
Read moreCRFB released this report on OMB's Mid-Session Review. (We will soon release a more detailed analysis.) CBO provides a comparison chart between OMB...