Debt & Deficits

Having just enacted a continuing resolution last week to extend current government funding through November 21, policymakers must now work toward the...

Under pressure from President Trump and worried about a worldwide economic slowdown, the Federal Reserve recently cut short-term interest rates.

Marjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. She...

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...

The Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...

With the Federal Reserve today announcing a 0.25 percentage point decrease in the federal funds rate, it appears interest rates will remain lower than...

As deficits are expected to climb above $1 trillion in the coming years, it's worth noting that tax cuts and spending hikes passed just in the past...

If the recent budget deal is signed into law, it will be the third major piece of deficit-financed legislation in President Trump's term. In total, we...

In its latest Long-Term Budget Outlook, the Congressional Budget Office (CBO) projects debt held by the public will rise from over 78 percent of Gross...

Putting debt on a downward path could increase average income by almost $9,000 per person per year, or about 10 percent as compared to continuing on...

The national debt is rising at an unsustainable pace. A factor that helps is interest rates currently being lower than the economic growth rate (r