Debt & Deficits

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

J udd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...

The United States ranks number one among advanced economies in expected increase of debt as a percentage of Gross Domestic Product (GDP) according to...

Today, the Congressional Budget Office (CBO) released its updated budget projections. The projections are relatively similar to January and continue...

The Government Accountability Office (GAO) recently released its long-term budget projections, and, like other forecasts, it projects that debt will...