News
National Journal | Deficit Slips From Political Agenda, Taking Advocates Down, Too
With spending down and only the hardest choices left, deficit reduction has lost steam.
Fox Business | Obama to Propose Wholly Political Budget -- Progress Be Damned!
President Obama is putting the finishing touches on his budget message to Congress. According to press reports, it would be criminal if it wasn’t so comical!
Econ Comments & Analysis
Politico | Obama to drop entitlement cuts from 2015 budget
Gone, the White House said, is Obama’s proposal for chained CPI and is any sense of presidential urgency on long-term entitlement reform.
CRS | The Debt Limit Since 2011
Rising debt levels, along with continued differences in views of fiscal policy, led to a series of contentious debt limit episodes in recent years.
Blogs
CBO | Federal Budget Deficits Are Projected to Decline Through 2015 but Rise Thereafter, Further Boosting Federal Debt
Today’s post summarizes CBO’s assessment of the budget outlook over the next decade. Three more posts—to appear over the next several days—will provide more detail about the outlook for spending, revenues, and the economy.
