FISCAL BLOG

CBO projects that the deficit for 2019 will be $960 billion. That’s $63 billion (or 7 percent) above its estimate from just three months ago.

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Many Americans, young and old, may be confused by the complex set of issues that comprise how the government raises revenues and allocates them.

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Today, the Federal Reserve announced a decrease in the federal funds rate — the interest rate at which commercial banks lend to each other overnight .

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While there has been positive news about recent wage growth, looking back over the last 40 years reveals a different story for the average worker.

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While growth in 2019 has exceeded expectations so far, growth rates largely have conformed to forecasts, and many economists expect growth to remain lower in 2019 than in 2018.

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The cost and quality of the U.S. healthcare system is one of the most prominent issues facing everyday Americans. It is a top policy concern for voters, a key indicator of economic efficiency, and a significant driver of the national debt.

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Americans and the economy are vulnerable to a series of high-stakes fiscal deadlines, with an uncertain path forward.

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If the president and Congress are unable to come to an agreement on the amount of the budget caps, they will risk either a harmful government shutdown or a potential automatic across-the-board cancellation of budgetary resources.

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This year’s report demonstrates why lawmakers should focus their attention toward improving our nation’s debt path as soon as possible.

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The primary deficit excludes interest payments, thereby measuring the gap between all other spending and total revenues collected.

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Ten Year Report

A decade of work addressing America's fiscal challenges to secure a healthy, growing economy.

FISCAL ISSUES ILLUSTRATED

This series of infographics helps put some of today's most pressing fiscal debates in context.