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...
Debt & Deficits
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: 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...
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...
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...
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...
Why Should We Worry About the National Debt: Questions and Answers
“Why Should We Worry About the National Debt?” describes six important ways that the growing national debt will affect the budget and the economy....
Why Should We Worry About the National Debt?
Though the national debt is at a post-war high, the willingness of policymakers to address it seems as if it is at an all-time low. The last two...
Tyler Evilsizer: Fiscal Negligence of Recent Congresses Must Be Dealt With Now
Tyler Evilsizer is deputy policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for...
Three-Fifths of This Year's Deficit is Policymakers' Fault
The budget deficit will be almost $900 billion this year according to projections from the Congressional Budget Office (CBO). By our estimates, 60...