Budget Projections

Financial Report of U.S. Government

The Treasury Department recently released its annual Financial Report of the U.S. Government, reporting on the budget deficit, net operating costs,...

“Painful, Unglamorous, and Indispensible Work of Fiscal Discipline”

Those were some of the words uttered by House Majority Leader Steny Hoyer (D-MD) today at the Brookings Institution as the latest political leader to...

So What Does "Current Policy" Look Like?

Here at CRFB, we love constructing baselines. Whenever CBO constructs its own budget baseline, in fact, we rush to adjust it. CBO's projections, as...

CBO Scores Second Senate Jobs Bill

Today, Senate Majority leader Harry Reid introduced a second jobs bill, following the first $16 billion jobs bill (-$1.1 billion 11-year deficit...

Cost Estimate of Senate Jobs Bill

The CBO has released its cost estimate of the Senate Jobs bill, the Hiring Incentives to Restore Employment Act, as introduced by Senator Harry Reid...

Looking Back on President's Day

As we celebrate President’s Day, here is a look at our two presidents of the day, Washington and Lincoln, and some of their experiences with...

Does the President's Budget Increase the Deficit or Reduce It? (The Answer Depends on Your Baseline)

According to Obama Administraton, the President's FY2011 reduces the ten-year deficit by $2.1 trillion; or $1.2 trillion if the savings from the...

What Will the Budget Look Like in 2020?

In our Analysis of the President's FY 2011 Budget, we discussed that, if the President's proposals were enacted, spending would grow to $5.7...

Monthly Budget Review Reports $434 billion deficit in FY 2010 Thus Far

The Congressional Budget Office came out with their Monthly Budget Review yesterday. It states that the federal government incurred a deficit of $434...

House Rules Stack the Deck for Debt Ceiling Increase

The stakes are high and the House is raising the limit and calling the shots. No, we’re not talking Vegas – the casinos wish they were...

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