Debt & Deficits

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Even With Lower Interest Rates, Debt Remains Unsustainable

With the Federal Reserve today announcing a 0.25 percentage point decrease in the federal funds rate, it appears interest rates will remain...

Recent Fiscal Irresponsibility Will Double Deficits

As deficits are expected to climb above $1 trillion in the coming years, it's worth noting that tax cuts and spending hikes passed just in the...
Donald Trump

President Trump’s $4 Trillion Debt Increase

If the recent budget deal is signed into law, it will be the third major piece of deficit-financed legislation in President Trump's term. In...
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CBO's Long-Term Debt Outlook Improved Slightly from Last Year, Here's Why

In its latest Long-Term Budget Outlook, the Congressional Budget Office (CBO) projects debt held by the public will rise from over 78 percent of...

CBO: Fixing the Debt Would Increase Income

Putting debt on a downward path could increase average income by almost $9,000 per person per year, or about 10 percent as compared to continuing on...
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CBO: Debt Remains Unsustainable With r < g

The national debt is rising at an unsustainable pace. A factor that helps is interest rates currently being lower than the economic growth rate...
Judd Gregg

Judd Gregg: And the threat is...

Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking...
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IMF: U.S. Continues to Stand Out with Growing Debt

The United States ranks number one among advanced economies in expected increase of debt as a percentage of Gross Domestic...
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CBO's Updated Baseline Shows Grim Outlook

Today, the Congressional Budget Office (CBO) released its updated budget projections. The projections are relatively similar to January and...
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GAO: "Federal Government Is on an Unsustainable Fiscal Path"

The Government Accountability Office (GAO) recently released its long-term budget projections, and, like other forecasts, it projects that debt will...

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