Debt & Deficits
Latest
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New Budget Projections Show Record Deficits and Debt
Read moreNow that the American Rescue Plan Act has been signed into law, the federal deficit is on course to exceed $3 trillion this year, with debt reaching a...
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How High Are Federal Interest Payments?
Read moreThis year, the federal government will spend $300 billion on interest payments on the national debt. This is the equivalent of nearly 9 percent of all...
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Analysis of CBO's March 2021 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its March 2021 Long-Term Budget Outlook, confirming that the federal budget is on an...
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New Report Shows Troubling Outcomes for Short-Term-Education Programs
Read moreYesterday, New America published a new report by Monique O. Ositelu measuring employment outcomes of students who obtained short-term-education...
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CBO Releases New Long-Term Budget Projections
Read moreThe Congressional Budget Office (CBO) released a new set of long-term budget projections today, showing that the long-term fiscal outlook remains...
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Analysis of CBO's February 2021 Budget and Economic Outlook
Read moreToday, the Congressional Budget Office (CBO) released its February 2021 Budget and Economic Outlook, confirming that, despite improvements as a result...
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CBO Releases New 10-Year Budget Projections
Read moreThe Congressional Budget Office (CBO) just released its February 2021 Budget and Economic Outlook, showing that the COVID-19 public health and...
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Biden Campaign Plan Offers Menu of Offsets
Read moreWith Democratic majorities in the House and Senate, President Joe Biden has taken office with a real opportunity to advance new spending and tax...
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Debt Cancellation and SALT Cap Repeal Would Benefit Higher Earners
Read moreIn her recent Washington Post column, Catherine Rampell argues progressives should “be more progressive in an old-fashioned sense: by helping the poor...
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Maya MacGuineas: After the pandemic recovery, we must tackle 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...
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Maya MacGuineas: The national debt still matters, despite low interest rates
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...
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Maya MacGuineas: Trump and Biden must answer critical budget questions
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...