Debt & Deficits

Concept_DC_Capitol Building
Jan 17, 2020 | Blog Paper Press Release | Budgets & Projections| Budget Process

Bipartisan, Bicameral Group Requests CBO to Include Debt Servicing Impact in Legislative Cost Estimates

Senator Mike Lee (R-UT) and Representatives Ed Case (D-HI) and Michael Cloud (R-TX), in a bipartisan and bicameral group of 68 lawmakers, this week...
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Jan 17, 2020 | Blog Paper Press Release | Economics

Kurt Couchman: When will cheap credit dry up?

Kurt Couchman is co-director of legislative strategy at the Committee for a Responsible Federal Budget. He recently wrote an ...
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Donald Trump
Jan 8, 2020 | Blog Paper Press Release | Budgets & Projections

President Trump has Signed $4.7 Trillion of Debt into Law

Last summer, we estimated that since his inauguration in January of 2017, President Trump had signed legislation into law that will ultimately add $4...
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Dec 31, 2019 | Blog Paper Press Release | Budgets & Projections

Our Top Fiscal Charts of 2019

2019 was a busy year for budget policy, which gave us ample opportunities to conduct substantive policy analysis using charts and tables. This...
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Dec 19, 2019 | Blog Paper Press Release | Budgets & Projections

Policymakers Added $2.2 Trillion to the Debt in 2019

With Congress finishing up appropriations for Fiscal Year (FY) 2020, including additional provisions that will add $500 billion in debt over the next...
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Maya MacGuineas
Dec 17, 2019 | Blog Paper Press Release | Budgets & Projections

Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an...
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Concept_World_Money
Dec 13, 2019 | Blog Paper Press Release | Budgets & Projections

OECD: U.S. Has the Highest Deficit

The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries...
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Concept_DC_Capitol Building
Dec 11, 2019 | Blog Paper Press Release | Budgets & Projections| Budget Process

Burchett, Case, and Womack Introduce RAFT Act

One way to begin addressing our unsustainable fiscal situation is to set fiscal goals, which could come in the form of debt targets. A new...
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Concept_Scale
Nov 25, 2019 | Blog Paper Press Release | Budgets & Projections

Case and Womack Introduce Sustainable Budget Act

Building on bipartisan momentum for addressing our unsustainable fiscal situation, Representative Ed Case (D-HI) and House Budget Committee Ranking...
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Nov 13, 2019 | Blog Paper Press Release | Budgets & Projections

Budget Deficit Increases 34% in October

For Immediate Release  The Department of Treasury today announced that the deficit in October was $134 billion – a 34 percent...
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