Making Trust Funds Solvent Would Just About Stabilize Debt
The Congressional Budget Office's (CBO) long-term outlook shows a bleak picture, with federal debt steadily rising from 75 percent of Gross...
Transportation
What's New in the President's FY 2017 Budget
The final budget of the Obama Presidency continues a mix of long-standing policies (including a few that have been in all eight budgets) and policies...
Hillary Clinton Releases Infrastructure Plan
This blog is part of a series of "Policy Explainers" for the 2016 presidential election, where we explain some of the candidates' policy proposals...
Highway Conference Agreement is Both Gimmicky and Costly
Congressional negotiators this week released a conference agreement on highway spending authorization that will largely settle the issue of highway...
Five-Year Highway Bill Could Be a Costly Mistake
As the House and Senate are conferencing their highway bills, a debate has broken out over how to spend the $78 billion of offsets. Setting aside the...
The Federal Reserve Budget Gimmick In The House Transportation Bill
The transportation bill that the House passed last week contains a budget gimmick worth almost $60 billion (Wall Street Journal Paywall). The...
Two Months, Four Fiscal Speed Bumps to Deal With
We are coming down the home stretch of calendar year 2015, with only a little more than two months left. Lawmakers will have to get to work as they...
Highway Trust Fund Runs Out Next Summer
According to a new Department of Transportation (DOT) estimate, the Highway Trust Fund will likely last until late next summer instead of at the end...
Three Scenarios for Projecting Debt
Our recent analysis of the Congressional Budget Office's (CBO) August baseline focused on CBO's official current law baseline projections,...
The Gathering Storm: Fiscal Clouds Amass This Fall
In early 2015, the Committee for a Responsible Federal Budget (CRFB) warned of the upcoming Fiscal Speed Bumps, explaining “...