Debt & Deficits
Latest
-
Chartbook: R versus G and the National Debt
Read moreOn October 31, Committee for a Responsible Federal Budget senior vice president and senior policy director Marc Goldwein gave a presentation on the...
-
Introducing the CRFB Debt Thermometer
Read moreFiscal policy has profound consequences on the economic health and national security of the country. Yet little is done to track the effects of...
-
2023 Deficit Hit $1.7 Trillion
Read moreThe U.S. Department of the Treasury released its final Monthly Treasury Statement for Fiscal Year (FY) 2023 , showing a $1.7 trillion deficit for the...
-
Deficit Tops $1.7 Trillion As Interest Rates Surge
Read moreThe Congressional Budget Office (CBO) today released its final Monthly Budget Review of Fiscal Year (FY) 2023, finding that the budget deficit totaled...
-
Maya MacGuineas: Finally, a Serious Idea to Address the National Debt
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
-
An Overview of the House FY 2024 Budget Resolution
Read moreThe House Budget Committee has released and marked up its Fiscal Year (FY) 2024 budget resolution , a framework that purports to put the budget on a...
-
Q&A: Gross Debt Versus Debt Held by the Public
Read moreOn September 15, 2023, the federal government's gross debt exceeded $33 trillion for the first time. This mark serves as an important reminder of the...
-
National Debt Reaches $33 Trillion; Adds $1 Trillion to Debt in 3 Months
Read moreThe gross national debt of the United States surpassed $33 trillion on Friday, just months after the federal government’s gross debt eclipsed $32...
-
Treasury Reports $1.5 Trillion Deficit For First 11 Months of Fiscal Year
Read moreThe United States borrowed $1.5 trillion in the first eleven months of fiscal year 2023, including an $89 billion surplus in August due to the...
-
CBO Estimates $1.5 Trillion Deficit For First 11 Months of Fiscal Year
Read moreIn the first eleven months of fiscal year 2023, the United States borrowed $1.5 trillion, with a $90 billion surplus in August due to the reversal of...
-
CBO Outlines Negative Implications of High & Rising National Debt
Read moreIn its June 2023 Long-Term Budget Outlook , the Congressional Budget Office (CBO) dedicated an entire section to discussing the risks and threats of...
-
White House Calls for $40 Billion Supplemental
Read moreThe White House recently proposed a supplemental appropriations package to boost Fiscal Year (FY) 2024 ordinary appropriations by $40 billion above...