Will Thanksgiving Appropriations Be Stuffed with Debt?
Having just enacted a continuing resolution last week to extend current government funding through November 21, policymakers must now work toward the...
Debt & Deficits
Eugene Steuerle: Multi-Trillion Dollar Fiscal and Monetary Gambles
Dr. Eugene (Gene) Steuerle is an Institute fellow and the Richard B. Fisher chair at the Urban Institute and a member of the Committee for a...
Marjorie Margolies: When will the 2020 presidential candidates be asked about America’s debt?
Marjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. ...
Tim Penny & David Minge: Debating 2020 Democrats should not ignore our exploding debt
Tim Penny is co-chair and David Minge is a board member of the Committee for a Responsible Federal Budget. Both are former representatives from the...
Debt Could Reach Record Levels by 2030
The Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...
Analysis of CBO’s Updated Budget and Economic Outlook (August 2019)
Today, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook, showing that the national debt is on an unsustainable...
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...
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...
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...