Deficit hawks have long warned that unnecessary delays in deficit reduction carry risks and high costs that will only make the job harder down the road. A new study by the Congressional Budget Office (CBO) underscores that point. It analyzes…
Some people on both ends of the political spectrum have criticized the recommendations of the President’s fiscal commission as well as other bipartisan deficit-reduction plans such as the one recently unveiled by the Bipartisan Policy Center's Debt Reduction Task Force.…
By now we've seen a number of proposals for fiscal sustainability from groups with very different perspectives. (more…)
The President’s bipartisan fiscal commission faces a deadline Wednesday to make recommendations to Congress on how to cut deficits in the next few years and also deal with long-term structural problems in the federal budget.President Obama created the National Commission…
