Just eight actions over the past two years will add an estimated $2.3 trillion to deficits between 2021 and 2031.
These charts tell the fiscal story of 2022 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
Mounting federal debt can cause interest rates to rise significantly, according to a new report released by the American Enterprise Institute (AEI).
As a large portion of the American population lives well beyond retirement age, the total cost of providing healthcare will grow as well.
Understanding the United States' changing labor force can be a key part of understanding larger trends in the overall economy.
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
Since its establishment in 1935, Social Security has grown to become the largest program in the federal budget.
With a divided government, an opportunity exists for lawmakers to seek and find common ground on the nation’s pressing fiscal and economic challenges.
Though the number has improved significantly over the past decade, nearly 30 million Americans remain uninsured.
Two of America’s top economists said Monday that while the U.S. faces a complex mix of fiscal and economic challenges, they don’t see an immediate threat of recession.
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