Partisan congressional squabbling over the nation’s debt limit once again threatens to shut down the federal government and perhaps trigger a worldwide financial crisis. The...
Those of us who have been writing about the federal budgets for too long remember the sad history of presidents trotting out wildly optimistic economic...
A Tale Of Two Economies: Comparing Trump’s Economic Forecast With CBO’s President Trump’s 2020 budget is based upon an extremely optimistic view of the nation’s...
In its annual budget update, the Congressional Budget Office projected yesterday that under current law the federal deficit is headed for $1 trillion by 2022...
Back in the presidential campaign, candidate Donald Trump promised to eliminate the national debt in eight years. This goal was never plausible, even before Congress...
President Trump, who sees himself as the toughest guy in the room, is, along with his GOP allies in Congress, disarming the federal government’s ability...
President Trump and Congress are likely to consider an historically broad range of tax and spending changes over the next year. But they’ll be doing...
The Congressional Budget Office’s long term budget outlook is a curious document. On one hand, a 30-year fiscal forecast will almost certainly be wrong. But...
