Blogs

The Congressional Budget Office (CBO) has released an excellent analysis of the “fiscal cliff” facing the country in the form of large policy changes that are scheduled to take effect at the end of this year.The CBO warns that policymakers…

The Congressional Budget Office (CBO) has released an excellent analysis on the "Economic Effects of Reducing the Fiscal Restraint That Is Scheduled to Occur in 2013." The CBO term “fiscal restraint” has been more popularly referred to as “the fiscal…

Former President Bill Clinton and House Speaker John Boehner were among the prominent figures in both parties who decried Washington’s unsustainable path at a “fiscal summit” last week. The summit, convened by the Peter G. Peterson Foundation, included speeches, interviews,…

In late April, the Medicare Trustees released an annual report on the financial status of the program. In their report, the trustees are required to analyze where Medicare costs are heading based on a strict reading of current law. However, there are…

In a series of partisan and largely symbolic votes, the Senate last week rejected five budget resolutions introduced by Republicans. Three of the proposals were introduced by Senators Patrick Toomey (R-Pa.), Rand Paul (R-Ky.) and Mike Lee (R-Utah) and would…

Hundreds of concerned citizens across the country have engaged in thoughtful and often spirited discussions about federal budget options this month through Principles & Priorities, The Concord Coalition’s popular deficit-reduction exercise.Working in groups of a half-dozen people or more, participants…

Recent news indicates the economy’s overall growth rate has slowed and is falling short of expectations, with slower personal spending and weak job gains. This points toward the need for stimulative fiscal policy to encourage more private consumption spending, according…

Throughout this painfully prolonged economic recovery, economic developments as they are reported have often been confusing. They seem to send mixed messages about the best courses of action for fiscal policy. (more…)