Comparing budget plans

The Committee for a Responsible Federal Budget has created a useful tool for comparing the various budget-reform plans.

A recent CRFB blog post on the long-term budget outlook also has helpful explanations of the differences between the CBO’s “extended” and “alternative” baselines. I agree with CRFB that the most plausible starting-point probably lies between the two. (The extended baseline isn’t going to happen. The more pessimistic alternative fiscal scenario is probably too pessimistic.) The CRFB’s own “realistic” baseline essentially splits the difference. They intend to update it shortly.

Clive Crook’s blog

This blog is no longer updated but it remains open as an archive.

I have been the FT's Washington columnist since April 2007. I moved from Britain to the US in 2005 to write for the Atlantic Monthly and the National Journal after 20 years working at the Economist, most recently as deputy editor. I write mainly about the intersection of politics and economics.

Clive Crook’s blog: A guide

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