…the combination of on-budget surplus/deficit and off-budget surplus/deficit. And for all practical purposes off-budget surplus equates to Social Security surplus. Meaning there is a practical equation between ‘off-budget surplus’ and…

…11 years have significantly increased budget deficits and the debt (and that that also happened in the 1980s); that budget deficits and the national debt decreased during the 1990s after…

…the CBO keeps scoring MLR regulation as a hit (as in mafia take down) to the budget. Seem from CBO’s perspective, if you regulate that the MLR can be no…

…it was premature to discuss future budgets because they were still being worked on. Earlier Budgets Insufficient The new budget numbers reflect the Defense Department’s acknowledgement that the coming bow…

Yesterday the Treasury Department made it official: 2004’s budget deficit was $413 billion, which is about 3.6% of GDP. The statement that accompanied the data release focused on the fact…

…been faster over the past year: 5.6% to 4.6%.  As for fiscal budget balances, the US is in a much more substantial budget deficit situation with it at -7.4% of…

…on household essentials Households earning the lowest income tend to have higher budget shares for rent, food, and medical care. The budget shares dedicated to motor fuels and vehicle operations…

…to strengthen the program without cuts. At the same time, the RSC budget would make the Trump/GOP tax cuts for the wealthy and big corporations permanent.  They will not entertain, however,…

…Adding to the Deficit At the start of the reduction-in-force (RIF) in early 2025, the Budget Lab at Yale estimated the revenue effect of reducing the IRS workforce. The Budget…

…heart, a math problem. To get the budget into “primary balance” in 2015 – that’s wonk-speak for a balanced budget before interest payments, and it’s the target everyone is trying…