US Budget Watch 2024
Latest
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Trump and Biden: Partisan Breakdown of New Debt
In their time in office, both former President Trump and President Biden approved trillions of dollars in new ten-year borrowing both for COVID...
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Trump and Biden: Timing of New Debt
In a recent analysis , we estimated that President Trump approved $8.4 trillion of new ten-year borrowing during his term in office, while President...
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Trump and Biden: Debt Growth
We recently estimated that former President Trump and current President Biden approved $8.4 trillion and $4.3 trillion of new ten-year borrowing (or...
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Trump and Biden: Tax and Spending Changes
In a recent analysis, we estimated that former President Donald Trump approved $8.4 trillion of new ten-year borrowing during his four-year term in...
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Donald Trump’s Proposal to Exempt Tip Income from Federal Taxes
US Budget Watch 2024 is a project of the nonpartisan Committee for a Responsible Federal Budget designed to educate the public on the fiscal impact of...
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Donald Trump’s 60% Tariff on Chinese Imports
Former President and current Republican presidential candidate Donald Trump recently proposed implementing a tariff of 60 percent or higher on imports...
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Can Donald Trump Eliminate the Debt?
In discussing another potential term in office, last month, former President Donald Trump declared, "we’re going to pay off our debt.” President Trump...
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Do We Spend More On Interest Than Defense?
During a recent town hall, former United Nations Ambassador and current Presidential candidate Nikki Haley claimed, “for the first time we're paying...
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Is Life Expectancy Really Falling?
During the fifth GOP presidential primary debate, Florida Governor Ron DeSantis argued against raising the Social Security retirement age because...
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Where Do the Candidates Stand on Social Security?
In less than ten years, Social Security’s retirement trust fund will be insolvent. Under the law, this will trigger an immediate 23 percent cut in...
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Update: Talking Debt and Deficits in the GOP Debates
In the first five Presidential GOP primary debates, the current active GOP candidates have mentioned the deficit or debt a combined 31 times, with...
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How Much Did President Trump Add to the Debt?
Note: We published a more comprehensive, up-to-date comparison analysis of the amount of new ten-year borrowing approved by both Presidents Trump and...