Go read Mark Thoma. Because he’s a kinder, gentler human being than I am: The time to stand up to the budget busting was when it happened, and when members of the list had the power to affect policy, not many years later in an article at Politico. Many on the list were either part […]

by Bruce Webb via Brad DeLong we learn that CBO is releasing its 2010 Long Term Budget Outlook on Wednesday at 9AM. Which is also the date that the 2010 Social Security Report is (over-)due to be released. Which means some head to head, apples to apples comparisons of economic projections over the 75 year […]

should read Sensible Centrist J. Bradford DeLong on the difference in forecasting between the current Administration and the CEA under N. Gregory Mankiw. Romer/Bernstein/Kreuger et al., 2008-9 edition: As I understand matters, last December the median private-sector forecast had the unemployment rate topping out at 9% in the second half of 2009. The incoming Obama […]

h/t Movie Guy CBO Preliminary Analysis (PDF) For your reading and commenting pleasure. I would only note that much of the change between the CBO January baseline and today is just the result of scoring the intervening legislation and not due to any unexpected economic changes. But in any case here it is. Update: here […]

by Bruce Webb (h/t Susan G at dKos.) David Waldman aka KagroX has put together at Congress Matters what he calls aTreasure trove of tools we need to understand the budget process. It’s pretty impressive, if you want the full span of Congressional budget materials you have it right here. Heck even Movie Guy would […]

by Bruce Webb 2008 Financial Report of the United States Government (Report) provides the President, Congress, and the American people a comprehensive view of the Federal Government’s finances, i.e., its financial position and condition, its revenues and costs, assets and liabilities, and other obligations and commitments. The Report also discusses important financial issues and significant […]