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cboblog.cbo.gov - 7/17/2009

The Long-Term Budget Outlook

— cboblog.cbo.gov — Today I had the opportunity to testify before the Senate Budget Committee about CBO’s most recent analysis... of the long-term budget outlook. Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow ... (more) The Long-Term Budget Outlook

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Medicaid

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rightpundits.com - 7/20/2009

Dude, Where’s My Budget?

— rightpundits.com — The federal budget is due for release right now, but it’s being delayed because it bears bad... news, and no, we don’t need bad news now that the administration is pushing for that “free healthcare” that will cost trillion$, the ... (more) Dude, Where’s My Budget?

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budget.senate.gov - 7/21/2009

Senate Budget Committee - Democratic Staff Website

— budget.senate.gov — Committee History From The Congressional Budget Process: An Explanation Congressional Budgeting Prior to 1974 Prior to the... enactment of the Budget Act of 1974, Congress often wrestled with how to effectively oversee increasing government expenditures. ... (more) Senate Budget Committee - Democratic Staff Website

White House

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CBO DIRECTOR: US BUDGET IS ON UNSUSTAINABLE PATH
Gateway Pundit — ... Today I had the opportunity to testify before the Senate Budget Committee about CBO’s most recent analysis of the long-term budget outlook. ...

CBO director: Deficit spending unsustainable
Hot Air » Top Picks — ... to the White House and Congress yesterday afternoon, although so far it seems few listened.  Elmendorf testified that entitlement programs will fuel a rapid increase in federal budget deficits, driven primarily by an aging population, unless significant reforms are applied: Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the long run. Although great uncertainty surrounds long-term fiscal projections, rising costs for health care and the aging of the population will cause federal ...