Debt & Deficits
Latest
-
Why Should We Worry About the National Debt: Questions and Answers
Read more“Why Should We Worry About the National Debt?” describes six important ways that the growing national debt will affect the budget and the economy...
-
Why Should We Worry About the National Debt?
Read moreThough the national debt is at a post-war high, the willingness of policymakers to address it seems as if it is at an all-time low. The last two years...
-
Tyler Evilsizer: Fiscal Negligence of Recent Congresses Must Be Dealt With Now
Read moreTyler Evilsizer is deputy policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The Hill , an...
-
Three-Fifths of This Year's Deficit is Policymakers' Fault
Read moreThe budget deficit will be almost $900 billion this year according to projections from the Congressional Budget Office (CBO). By our estimates, 60...
-
Annual Deficits Could Hit $2.3 Trillion
Read moreDeficits are rising quickly under current law, as the Congressional Budget Office's (CBO) recent budget outlook demonstrates. Under current law, CBO...
-
Tax Cut and Spending Bill Could Cost $5.5 Trillion Through 2029
Read moreThe 2017 tax cut and the 2018 spending bill loom large in the latest Congressional Budget Office (CBO) outlook; the two pieces of legislation as...
-
Maya MacGuineas: The Rise of Free Lunch Economics & the Growth of Our National Debt
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...
-
As Debt Rises, Interest Costs Could Top $1 Trillion
Read moreThe fastest growing item in the budget over the next decade will be interest on the debt, according to the Congressional Budget Office (CBO). In this...
-
The Two Factors That Explain the Improvement in the Budget Outlook
Read moreThis year's Congressional Budget Office (CBO) budget outlook was a slight improvement over last April's, although it still shows a troubling outlook...
-
CBO: Debt-to-GDP Will Double in Three Decades
Read moreCBO’s latest baseline projected that current law debt will rise rapidly from today’s post-war record-high levels over the next decade. Buried further...
-
Analysis of CBO’s January 2019 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its Budget and Economic Outlook today, projecting high and rising deficits and debt over the next...
-
CBO Budget Projections Show Bleak Outlook
Read moreThe Congressional Budget Office (CBO) has released its 2019 budget and economic projections, and the budget outlook is very bleak. CBO's baseline...