GAO: "Federal Government Is on an Unsustainable Fiscal Path"
The Government Accountability Office (GAO) recently released its long-term budget projections
Debt & Deficits
Why Should We Worry About the National Debt: Questions and Answers
“Why Should We Worry About the National Debt?” describes six impo
Why Should We Worry About the National Debt?
Though 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.
Tyler Evilsizer: Fiscal Negligence of Recent Congresses Must Be Dealt With Now
Tyler Evilsizer is deputy policy director at the Committee for a Responsible Federal Budget.
Three-Fifths of This Year's Deficit is Policymakers' Fault
The budget deficit will be almost $900 billion this year according to
Annual Deficits Could Hit $2.3 Trillion
Deficits are rising quickly under current law, as the Congressional Budget Office's (CBO)
Tax Cut and Spending Bill Could Cost $5.5 Trillion Through 2029
The 2017 tax cut and the 2018 spending bill loom large in the
Q&A: Everything You Should Know About the Debt Ceiling
One issue that must be addressed soon is the federal debt ceiling, which will be reinstated on March 2, 2019 at around $22 trillion.
Maya MacGuineas: The Rise of Free Lunch Economics & the Growth of Our National Debt
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt.
As Debt Rises, Interest Costs Could Top $1 Trillion
The fastest growing item in the budget over the next decade will be interest on the debt,