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Debt Limit “X Date” Likely in October or November

Economy / Press Release March 2, 2017

Policymakers should address the debt limit well in advance of the ‘X-Date’ range if they want to guarantee that the Treasury can continue to pay all of its bills in full and on time.

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States’ rights? Not so much, when it comes to retirement savings

Economy / News February 16, 2017

The Republican-controlled Congress took aim this week at states that are creating retirement saving programs for workers who do not already have 401(k)s through their jobs.

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New Treasury secretary’s first job: Avert a crisis

Economy / News February 13, 2017

Now that Steven Mnuchin has been confirmed as Treasury secretary, his top priority will have nothing to do with tax reform.

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Don’t Let Guard Down on Deficits

Economy / Press Release January 25, 2017

The CBO outlook shows that the economy that is chugging along at a decent clip but faces an ominous fiscal outlook.

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Common Cents Podcast Series

Economy / Page January 23, 2017

BPC introduces Common Cents, a podcast series that focuses on timely fiscal and economic policy issues.

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Latest CBO Report Shows Deficits Rising

Economy / Press Release January 10, 2017

After accounting for timing shifts in payments, CBO finds that the deficit for the first quarter of Fiscal Year 2017 increased by $58 billion from the same period in the prior year.

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First CBO Report of FY 2017 Highlights Worrisome Fiscal Trends

Economy / Press Release November 7, 2016

With the economy showing positive signs on employment, now is the right time to phase in commonsense deficit reduction policies.

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OMB, CBO Show Annual Budget Deficit Up First Time Since 2011

Economy / Press Release October 17, 2016

The federal budget deficit for FY 2016 rose over the previous year, showing that the recent trend of annual declines in deficits has ended.

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New Senate Bill Would Address Key Retirement Security Challenges

Economy / Press Release September 20, 2016

Several provisions in the proposed Retirement Enhancement and Savings Act of 2016 align with the goals and recommendations of a recent BPC report.

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No Debt Limit Pressure Till Mid-Summer 2017

Economy / News September 14, 2016

Lawmakers won’t have to take action on the federal government’s debt limit again until at least the middle of the summer of 2017.

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