Debt & Deficits
Latest
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Policymakers Added $2.2 Trillion to the Debt in 2019
Read moreWith Congress finishing up appropriations for Fiscal Year (FY) 2020, including additional provisions that will add $500 billion in debt over the next...
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Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?
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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OECD: U.S. Has the Highest Deficit
Read moreThe United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries according to the...
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Burchett, Case, and Womack Introduce RAFT Act
Read moreOne way to begin addressing our unsustainable fiscal situation is to set fiscal goals, which could come in the form of debt targets. A new bill...
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Case and Womack Introduce Sustainable Budget Act
Read moreBuilding on bipartisan momentum for addressing our unsustainable fiscal situation, Representative Ed Case (D-HI) and House Budget Committee Ranking...
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Budget Deficit Increases 34% in October
Read moreFor Immediate Release The Department of Treasury today announced that the deficit in October was $134 billion – a 34 percent increase from October...
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Co-Chairs Daniels, Panetta, & Penny Statement on FY 2019 Deficit
Read moreFor Immediate Release The Treasury Department released Friday the final deficit total for Fiscal Year 2019, which ended on September 30. Figures show...
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Maya MacGuineas: The Tax Cuts and Jobs Act Made the Debt Worse and Makes Fixing It Even Harder
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 a blog...
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Will Thanksgiving Appropriations Be Stuffed with Debt?
Read moreHaving just enacted a continuing resolution last week to extend current government funding through November 21, policymakers must now work toward the...
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Eugene Steuerle: Multi-Trillion Dollar Fiscal and Monetary Gambles
Read moreUnder pressure from President Trump and worried about a worldwide economic slowdown, the Federal Reserve recently cut short-term interest rates.
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Marjorie Margolies: When will the 2020 presidential candidates be asked about America’s debt?
Read moreMarjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. She...
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Tim Penny & David Minge: Debating 2020 Democrats should not ignore our exploding debt
Read moreTim 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...