Debt & Deficits
Latest
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IMF Report Underscores Need for Long-Term Deficit Reduction in U.S.
Read moreThe International Monetary Fund (IMF) made news earlier this week when it issued a report saying that most advanced economies will not need future...
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The Cost of the Trump and Biden Campaign Plans
Read moreWhoever is inaugurated on January 20, 2021, will face many fiscal challenges over his term. Under current law, trillion-dollar annual budget deficits...
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Maya MacGuineas: The debt is huge because Trump kept his promises
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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Analysis of CBO's 2020 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its 2020 Long-Term Budget Outlook, which shows the federal budget is on an unsustainable long...
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CBO Releases 2020 Long-Term Budget Outlook
Read moreThe Congressional Budget Office (CBO) just released its 2020 Long-Term Budget Outlook, showing the federal budget is on an unsustainable long-term...
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CBO Projects Debt Will Reach New Record
Read moreThe Congressional Budget Office (CBO) just released its updated Budget Outlook, showing that the COVID-19 public health and economic crisis has...
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Dave McCurdy: Horn leading the way on fixing nation's budget
Read moreDave McCurdy is a former Democratic member of Congress representing Oklahoma’s 4th District and member of the Committee for a Responsible Federal...
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Dunking on the Debt
Read moreConcern about the national debt came from an unexpected corner when Brooklyn Nets guard Spencer Dinwiddie announced that he would bring the issue to...
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CBO Releases New Economic Projections
Read moreToday, the Congressional Budget Office (CBO) released updated economic projections, incorporating the economic damage from the COVID-19 pandemic...
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Updated Budget Projections Show Fiscal Toll of COVID-19 Pandemic
Read moreWe have updated our ten-year budget projections to incorproate CBO's latest economic forecast, and now project that debt will reach 121 percent of GDP...
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Treasury Data Shows Other Countries Not Buying Additional Debt
Read moreTotal foreign holdings of United States debt held steady during the month of April despite the massive increase in government borrowing that took...
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Representative Rouda Introduces Fiscal Responsibility & Long-Term Economic Security Act
Read moreWhile short-term borrowing and large deficits are necessary to fight the COVID-19 public health and economic crisis, policymakers will need to address...