Debt & Deficits

Update: This blog has been updated to include the Mid-Session Review and CBO projections for the 2013 deficit. Yesterday, the Treasury Department and...

Two weeks ago, we responded to a Larry Summers op-ed calling for a focus on growth rather than deficits. Yesterday, Wall Street Journal economics...

A number of commentators have suggested recently that our budget problems could be solved if only we focused more on promoting economic growth...

The Campaign to Fix the Debt has recently released the results of a new national telephone poll that found broad support for a comprehensive deficit...

Yesterday, Former Treasury Secretary and director of the National Economic Council Larry Summers argued that “budget deficits are now a second-order...

With the recent improvement in medium-term budget projections, some are trying to advance the myth that our debt problems have been solved. But as we...

In light of CBO's updated long-term projections, and our subsequent CRFB Realistic Long-Term Projections, CRFB has taken a fresh look at the minimum...

Politicians and economists have long talked about the negative effects of an accumulating national debt, but cannot always quantify their position...

After finishing its preliminary annual review of the U.S., the International Monetary Fund (IMF) concluded the U.S. could spur additional economic...

Regular readers of The Bottom Line are probably familiar with our goal of putting the debt on a downward path as a share of the economy over the long...

Former Chairman of the Council of Economic Advisors and Harvard Professor Greg Mankiw explains how a sustainable budget would affect debt levels in a...