Debt & Deficits
Latest
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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.
-
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...
-
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...
-
Debt Could Reach Record Levels by 2030
Read moreThe Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...
-
Analysis of CBO’s Updated Budget and Economic Outlook (August 2019)
Read moreToday, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook, showing that the national debt is on an unsustainable...
-
Even With Lower Interest Rates, Debt Remains Unsustainable
Read moreWith the Federal Reserve today announcing a 0.25 percentage point decrease in the federal funds rate, it appears interest rates will remain lower than...