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...
Debt & Deficits
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...
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...
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...
Co-Chairs Daniels, Panetta, & Penny Statement on FY 2019 Deficit
For Immediate Release
The Treasury Department released Friday the final deficit total for Fiscal Year 2019, which ended on September 30. Figures...
Maya MacGuineas: The Tax Cuts and Jobs Act Made the Debt Worse and Makes Fixing It Even Harder
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote a...
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...
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...