FISCAL BLOG

Monthly Archive for April 2020

The decrease in GDP in the first quarter was driven by a decline in consumption and investment.

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The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.

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The official unemployment rate was 4.4 percent in March 2020, up from 3.5 percent in February. That increase was the largest of any month since January 1975.

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High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the United States.

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What Does the Debt Mean for Our Future?

We all have a responsibility to build a brighter fiscal and economic future for the next generation.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.