Quoth Larry Summers: "just as you burden future generations when you accumulate debt, you also burden future generations when you defer maintenance."
Why an arcane debate about how much loans cost the government actually really, really matters.
The CBO finds Obama's budget would reduce the deficit by $1.1 trillion over ten years. But how does it do that?
Pay close attention to where the White House and the House Republicans actually diverge. It puts the lie to a lot of what the two parties want you to think they're arguing about.
For years now, Republicans have said that the problem with the budget process is Democrats holding up "regular order." Today Democrats are calling the bluff.
Have you seen the Post's new budget interactive? It's great. And here are six things it taught me.
We had two opportunities to come to a budget deal without imperiling the global economy. But Congress has decided to wait for the imperil-the-global-economy one instead. Great.
Ryan's budget makes a series of extraordinarily tough choices. But he doesn't like to talk about them.
The correct answer to the the Ryan budget isn't the cautious plan released by the Senate Democrats. It's the uncompromising "Back to Work" budget from the House Progressives.
Move aside, Paul Ryan: The Senate Budget Committee also released preliminary budget figures today. Here's how the two plans stack up.
All budget plans have to assume something about where the economy is going to go in the future. And Paul Ryan's assumptions basically check out.
Here's the full text of House Budget Chair Paul Ryan's proposed budget for 2014.
Erskine Bowles, co-chair of the Simpson-Bowles commission, explains why his new deficit-reduction plan has so much less in tax increases and so much more in health-care cuts.
In the 1990s, the problem was the government crowding out the private sector. Today, the problem is the government crowding out itself.
For the first time since 2009, Senate Democrats will pass a full budget. That work falls to Sen. Patty Murray, the new head of the Budget Committee. Here's how she's selling her colleagues on her plan.
"Tax hikes are real in these deals, but the spending cut promises are a fraud, plain and simple," says Grover Norquist's group. That's wrong on both counts. But there's a reason conservatives keep saying it.
Measuring the deficit-reduction in any given budget deals is a frustrating exercise in a subspecialty of physics known as budget relativity. It's also probably a mug's game.
A fiscal cliff deal appears to be coming together, and fast. Here's what's in it.
Think back to Mitt Romney's proposed budget. The only big cuts Romney ever proposed were to programs that aid the poor. Paul Ryan's budget was similar, though less extreme. But the White House won't even consider those cuts. And so the GOP is a bit lost.
Did you know Simpson-Bowles has $2.6 trillion in tax increases? Or that it taxes capital gains as ordinary income? Or that it cuts deeper into defense than the sequester? Or that it raises the gas tax by 15 cents? These, and other amazing facts, inside.