Budget Projections

The Cost of Continuing "Current Policy"

Today, we released our Analysis of CBO’s January 2010 Baseline, which discusses the new CBO baseline in detail, including the new deficit and...

Budget Commission Falls Short

A proposal to form a bipartisan commission to address the nation’s mounting long-term debt just fell short of the 60 votes needed for approval...

Deficit Falls Slightly, Debt Will Continue to Soar, CBO Warns

 The federal deficit in FY10 is expected to be $1.35 billion--a slight drop from the $1.41 trillion in FY09--but still the second largest in our...

Two Major Reports Target Debt Reduction

In the past two days, at least two new voices have joined a growing chorus of organizations warning that our federal debt is growing at an...

CBO Monthly Budget Review Shows Record December Deficit

The government ran record deficits of $390 billion in the first quarter of FY2010, according to the CBO’s Monthly Budget Review. Even last year...

How Much Will Health Reform Cost?

UPDATE: CMS released its estimates of the final Senate bill on Friday.The short answer is that it depends who you ask. Today, the RAND...

Senate Health Care Bill Released (And a Comparison Chart)

UPDATE: CBO mistakenly overestimated the deficit-reducing effect of the Medicare Commission in their score. As a result, they now estimate...

Release of 'Red Ink Rising'

Warning that the out-of-control federal debt places the economic future of our nation at risk, the Peterson-Pew Commission on Budget Reform this...

CBO Report Discusses ARRA Effect on Jobs, GDP Growth

The Congressional Budget Office has come out with a report estimating the impact of the American Recovery and Reinvestment Act on employment and...

FDIC Deposit Fund Turns Negative

Yesterday, the FDIC reported that the deposit insurance fund fell below zero for the first time since the third quarter of 1992 (during the savings-...

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