Yet Another Fiscal Turn for the Worse: Understanding the CBO Re-Score of the...
Click here for a printer-friendly version of this article.The Congressional Budget Office (CBO) has just published, in two reports, its updatedscore of the 2010 health care law. The new score is bad...
View ArticleWhat’s Really Novel About the Fiscal Standoff is the Refusal to Pass a Budget
The so-called debt limit crisis is, in actuality, a budget process crisis. The Senate’s refusal to pass a budget resolution since 2009 has deprived Congress of the normal conventions used to establish...
View Article2013 CBO Baseline Shows Areas Of Concern
The Congressional Budget Office released their 2013 outlook of the federal budget for the next decade, which projects that today's historically huge deficits will slowly shrink to merely being very...
View ArticleThe Incredible Lowering of the Medicare Drug Benefit Baseline
This week, President Obama took credit for the slowdown in health care cost inflation, proclaiming in his State of the Union address that “[a]lready, the Affordable Care Act is helping to slow the...
View ArticleUnderstanding the Ryan and Murray Budgets
Last week House Republicans, under the leadership of Budget Committee Chairman Paul Ryan, unveiled their draft budget for the coming fiscal year. Senate Budget Committee Democrats also released their...
View ArticleThe Federal Fiscal Predicament: What Seems Better is Actually Worse
Of late there has been a great amount of discussion of whether federal deficit reduction should remain a national policy priority. While bipartisan fiscal watchdog groups like the Committee for a...
View ArticleCBO’s Long-Term Budget Projections: The Outlook Is Even Worse Than It Looks
The Congressional Budget Office (CBO) issued its annual update to its long-term budget projections last month. As usual, the report is chock full of useful insights about the state of the nation’s...
View ArticleObamacare and the Coming Debt Crisis
The Congressional Budget Office released its new economic and budget projections last week, and most of the subsequent commentary has been on the revised estimates of what Obamacare will do to work...
View ArticleThe Secret Assumptions Behind Federal Budgets
Our national dialogue over federal policy suffers from a huge information gap when it comes to understanding the federal budget. This information gap afflicts not only the general public as well as...
View ArticleCBO and OMB Differ Dramatically in Debt Projections
Teaser: Growing federal debt still looms large over long-term budget projections. On Tuesday, the nonpartisan Congressional Budget Office released its 2014 Long-Term Budget Outlook, which showed higher...
View ArticleMedicare Spending Will Rise Higher than Forecast
Teaser: And if the history with the SGR is a predictor of the ACA’s productivity adjustment’s ability to constrain payments to providers, Medicare spending will likely be significantly higher in the...
View ArticleThree Shaky Pillars of Obama Fiscal Policy
Teaser: Now in his sixth year in office, President Obama has made it clear he is not interested in serious reform of the major spending programs that are causing, and will continue to cause in the...
View ArticleBudget Committee Report Confirms the ACA Worsens the Deficit
Teaser: A recent Senate Budget Committee (SBC) Republican report about the fiscal effects of the Affordable Care Act (ACA, or so-called “Obamacare”) has stimulated public and press interest. The report...
View ArticleRepealing Obamacare Would Lower Federal Deficits
Teaser: The CBO has reported that repealing the Affordable Care Act would help the American economy. Additionally, analysis has revealed that the revoking the ACA would lower federal deficits.The...
View ArticleAn Overdue Budget Reform: Prohibit Double-Counting of Medicare Savings
Teaser: There is no shortage of ideas on how to improve the federal budget process; it is difficult to get bipartisan agreement on most of them.Key members of Congress, notably the chairs of the budget...
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