CRFB Reacts to the Paul Ryan Budget Proposal

    64+ Experts Join 64 Senators in Calling for Comprehensive Deficit Reduction

    Social Security and the Budget

    CRFB's Table of Deficit Reduction Plans

CRFB Reacts to the Paul Ryan Budget Proposal

 

House Budget Committee Chairman Paul Ryan (R-WI) recently released his FY 2012 budget proposal. In our press release reacting to his budget, we offer brief analysis and commentary.

 

Click here to read the full press release.

64+ Experts Join 64 Senators in Calling for Comprehensive Deficit Reduction

 More than 64 budget experts and economists sent President Obama and Congressional leadership a letter urging them to show leadership on reducing the deficit, joining the 64 Senators who sent a similar letter on March 18th.

Click here to read our full press release.

Social Security and the Budget

 

In CRFB's latest policy paper, we look at Social Security's interaction with the federal budget and how future projections of the program's costs and income will affect it. We argue that Social Security can be viewed as either a stand-alone program with dedicated revenues or one that is part of the overall budget. Either view is correct, and both point urgently to the need for reform.

CRFB's Table of Deficit Reduction Plans

 

In recent weeks, we have seen a number of plans aimed at addressing our fiscal challenges. CRFB has just updated a comparison table of all the various plans, and also has an analysis of common themes. To see the full comparison table, click here.

 


CRFB's Blog: The Bottom Line

Today, Senators Ron Wyden (D-OR) and Dan Coats (R-IN) introduced bipartisan legislation to comprehensively reform the existing U.S. tax system in a revenue-neutral manner. The "Bipartisan Tax Fairness and Simplification Act of 2011" fundamentally reforms the U.S.

Today, Rep. Paul Ryan (R-WI), chairman of the House Budget Committee, unveiled his FY 2012 budget proposal. His budget would bring debt down to 67.5 percent of GDP by 2021 and would reduce the deficit by over $4.4 trillion over the next ten years when compared to CBO's score of the President's budget.

In response to Representative Paul Ryan's (R-WI) FY 2012 Budget proposal, CBO has released a long-term analysis of the proposal. The analysis, which includes the numbers reflected in Ryan's proposal released today, also goes into the policy effects of the various reforms he is offering and the long-term effects of his proposal.

In a reprise of last year, Congressman Mike Quigley (D-IL) recently reintroduced his bill to create a more transparent budget regime and reform the federal budget process.

 

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 Commission is made up of the country's most seasoned federal budget policymakers. 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.

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