I. Policy Proposals - Relative to What? Three times every year the Congressional Budget Office (CBO) produces a "baseline" of its budget outlook for the coming decade. As described by CBO, the baseline represents its "best judgment of how the…
The Senate is scheduled to soon hold a vote on permanent estate tax repeal--its first such vote since 2002. That date is significant because it also marked the last time the Congressional Budget Office (CBO) had a 10-year projected surplus. …