The Congressional Budget Office (CBO) recently released an updated analysis of the health care bill that was passed in the Senate in December. As the House prepares to vote on the bill, this look at the impacts of the bill on future spending and revenues could prove to be influential.
The Congressional Budget Office (CBO) has released its Preliminary Analysis of the President's 2011 Budget. CBO’s report re-estimates the President’s budget using CBO’s economic and technical assumptions. Over the 2011-2020 period CBO’s deficit estimates are more that $1 trillion higher than those projected by the Administration.
Greece may be singled out currently due to its economic failings, but the major factors contributing to this financial position — economic policies that are unsustainable in the long-term, lack of public credibility, and dependence on foreign investors — mirror in many ways the trajectory of that of the United States.
There are multiple external forces pushing for immediate fiscal changes in Greece. Aside from the European Finance ministers who are trying to mitigate the scale of a potential $34 billion bailout plan, there is also Moody's Investor Service, which threatens to further reduce Greece's sovereign debt rating from the A2 rating it received in December. Within the next month, Greece...
It's important that we talk about finances - whether they're our own or our government's. That's why we're excited to announce PGPF's latest project: Fiscal Haiku. At FiscalHaiku.com, hundreds of people are using an ancient Japanese form of poetry to author short comments about everything from their personal credit card bills to our shared concern about the growing government debt. And people are taking notice: the St. Louis Post Dispatch and the Chronicle of Philanthropy have both featured these odes to the economy.
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