FISCAL BLOG

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 U.S.

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Although the budget would achieve some deficit reduction on paper under the administration’s calculations, it fails to address the key drivers of our long-term debt and relies on overly-optimistic assumptions for economic growth.

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The 50 U.S. states pull in over $2 trillion in revenue each year and, along with local governments, employ nearly 20 million people. A new report sheds light on budgets at the state level, grading performance and identifying best practices for improvement.

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It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.

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A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.

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Despite a growing economy and low unemployment, federal budget deficits are projected to grow over the next 10 years.

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Since the shutdown began, about 800,000 federal employees have been furloughed or are working without pay.

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Budget process rules like PAYGO help ensure that fiscal considerations are an important part of policymaking.

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The 116th Congress also marks a return to divided government with the Senate controlled by Republicans and the House by Democrats. This new landscape in Washington means there is both a requirement and a valuable opportunity for lawmakers to work together on fiscal solutions.

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Although a return to a normalized interest environment is a good sign for the overall strength of the economy, rate increases will make it more expensive for families and the government to borrow.

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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.