Debt & Deficits
Latest
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How Much Worse are Deficit Projections?
Read moreYesterday, the Congressional Budget Office (CBO) reported a significantly bleaker fiscal picture than they had projected just last year, with debt now...
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Report: Analysis of CBO’s 2014 Budget and Economic Outlook
Read moreNote: The paper's mention of the change in deficits from 2015 to 2024 has been corrected.
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Has the Deficit Been Cut in Half?
Read moreLast night, President Obama gave his State of the Union address to Congress, which mentioned fiscal policy on a several occasions. As one of the...
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Growth and Deficit Reduction Are Not Incompatible
Read moreYesterday in an interview on CNBC's Squawkbox, former Treasury Secretary Larry Summers chimed in again on his views that boosting economic growth...
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GAO Explains the Debt
Read moreThe Government Accountability Office, the investigative arm of Congress, posted a short educational video explaining the national debt today. In a...
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Short-Term Deficits May Be Shrinking, But Long-Term Problem Remains
Read moreUpdate: This blog has been updated to include the Mid-Session Review and CBO projections for the 2013 deficit. Yesterday, the Treasury Department and...
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Wessel: Why It's Wrong to Dismiss the Deficit
Read moreTwo weeks ago, we responded to a Larry Summers op-ed calling for a focus on growth rather than deficits. Yesterday, Wall Street Journal economics...
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Could Faster Growth Solve Our Debt Woes?
Read moreA number of commentators have suggested recently that our budget problems could be solved if only we focused more on promoting economic growth...
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New Poll Finds Broad Support for Comprehensive Debt Plan
Read moreThe Campaign to Fix the Debt has recently released the results of a new national telephone poll that found broad support for a comprehensive deficit...
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Deficits are a First-Order Problem
Read moreYesterday, Former Treasury Secretary and director of the National Economic Council Larry Summers argued that “budget deficits are now a second-order...
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Marc Goldwein: Don’t Believe the Myth That Debt Problem is a Myth
Read moreWith 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...
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We Need More Than $13 Trillion in Deficit Reduction Over the Next 20 Years
Read moreIn 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...