The CRFB Medium and Long-Term Baselines

    Analysis of the 2010 Medicare Trustees Report

    Analysis of 2010 Social Security Trustees Report

    Stay Connected with CRFB

The CRFB Medium and Long-Term Baselines

 

Recently, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook. which provides their latest baseline projections for the coming decade. CRFB’s Realistic Baseline aims to offer a more probable fiscal outlook for both the medium- and long-term.

 

Analysis of the 2010 Medicare Trustees Report

 

Social Security and Medicare Trustees released their 2010 reports on the financial status of both programs. CRFB has released the analysis of the 2010 Medicare Trustees Report.  

Analysis of 2010 Social Security Trustees Report

  Social Security and Medicare Trustees released their annual reports on the financial status of the two programs. CRFB has released the analysis of the 2010 Social Security Trustees Report. Also, be sure to check out the The Bottom Line as CRFB counts down to Social Security's 75th Anniversary which features blogs on how the Social Security works and consideration for reform.

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CRFB's Blog: The Bottom Line

If lawmakers extended various current policies, as opposed to letting them expire as they are set to under current law, what would happen to economic growth over the coming decade?

Debate over the 2001/2003 tax cuts is centered on its economic and budgetary aspects and effects. The President has proposed extending the tax cuts only for individuals earning less than $200,000 and couples earning less than $250,000, while letting the tax cuts for individuals and couples above the designated income bracket expire. CBO reports that extending all of the 2001/2003 tax cuts would cost $2.7 trillion over the 2011-2020 period (excluding AMT patches and added interest payments), using the CBO current law baseline as the starting point.

Yesterday, CBO released an update on the American Recovery and Reinvestment Act’s (read our analysis of it here) impact on unemployment and job growth for the second quarter of 2010. It reported that ARRA funded almost 750,000 jobs in the U.S.

 

Stabilize the U.S. Debt: An Online Exercise in Hard Choices

CRFB encourages you to check out our budget simulator: Stabilize the Debt!

It's no secret that America's finances are a mess. The problem of our mounting debt can't be solved overnight, but we need to start addressing it now. In this online simulator, visitors get to make the hard choices themselves in order to stabilize the debt at 60% of GDP by 2018.

CRFB would like to introduce our "Featured Charts" page where we will highlight important fiscal, economic, health care, and entitlement projection data in clear, interactive, and sharable graphs. CRFB will update these charts continuously as new data becomes available.

We encourage you to share any or all of these charts on your own websites and/or blogs. These charts will automatically update on your site even after you embed them. We hope this becomes a resource for anyone searching for important fiscal data.

CRFB Projects

The bipartisan Peterson-Pew Budget Reform Commission is made up of the country's most seasoned federal budget policymakers.  Over the coming months, it will release recommendations for reforming the budget and budget process.  The commission is supported by the Peter G. Peterson Foundation and The Pew Charitable Trusts.

CRFB's Stimulus.org is a detailed database of government actions taken to deal with the U.S. financial and economic crisis.  Users can view the amount spent on various government programs as well as their deficit impact, and sort the database by policy area, the type of action, and the area of the economy impacted.