Debt & Deficits
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President Trump’s $4 Trillion Debt Increase
Read moreIf 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... -
CBO's Long-Term Debt Outlook Improved Slightly from Last Year, Here's Why
Read moreIn 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... -
CBO: Fixing the Debt Would Increase Income
Read morePutting 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... -
CBO: Debt Remains Unsustainable With r < g
The national debt is rising at an unsustainable pace. A factor that helps is interest rates currently being lower than the economic growth rate (rRead moreJudd Gregg: And the threat is...
Read moreJ udd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...IMF: U.S. Continues to Stand Out with Growing Debt
Read moreThe United States ranks number one among advanced economies in expected increase of debt as a percentage of Gross Domestic Product (GDP) according to...CBO's Updated Baseline Shows Grim Outlook
Read moreToday, the Congressional Budget Office (CBO) released its updated budget projections. The projections are relatively similar to January and continue...GAO: "Federal Government Is on an Unsustainable Fiscal Path"
Read moreThe Government Accountability Office (GAO) recently released its long-term budget projections, and, like other forecasts, it projects that debt will...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...