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More from CBO’s ‘Long Term Budget Outlook’

…focuses on two different possible scenarios outlined in the following Table: The shorthand way of defining ‘extended baseline’ is ‘Bush tax cuts expire on schedule’ while ‘alternative fiscal’ equates to…

DI: the Sick Man of Social Security

…outcomes under the Low Cost alternative, II under the standard Intermediate Cost alternative, and III the High Cost all as seen from March 2008 in last year’s Social Security Report….

Low Cost & the 100/100 Plan Revisted

by Bruce Webb 1997 II.F6 2007 II.D7 Each year the Trustees of Social Security provide a graphic representation of the results of the three alternative projections: Low Cost, Intermediate Cost,…

Blame Basel II

…— Let’s pretend that Fannie Mae and Freddie Mac lead the way in sub-prime mortgages which were orginally defined as mortgages that they wouldn’t touch. Let’s blame the Community Reinvestment

Get out and vote

…could have been b*****ified very easily. See, they they had no choice but to vote for McCain, ’cause the alternative is Obama, and they are not voting for the alternative….

Financial Arsonists ?

alternative to the Bush proposal. Focused on mortgage insurance, the one-page alternative plan was presented to reporters at a briefing. The plan calls for the U.S. government to offer insurance…

Soc Sec XXXIII: Medicare Finance

…C is Medicare Advantage (private insurance alternative) and Part D is Drugs. As General Fund programs they are not particularly walled off in the way Part A is with results…