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Our charts frame the fiscal outlook of the U.S. government within a broad economic, political, and demographic context.
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Our polling tracks the public’s views about our fiscal and economic condition and the progress elected leaders are making in addressing it.
Popular Articles
The Federal Government Has Borrowed Trillions. Who Owns All that Debt?
Most federal debt is owed to domestic holders, but foreign ownership is much higher now than it was about 50 years ago.
Chart Pack: The U.S. Budget
A selection of key charts that give an overview of the major components in the U.S. federal budget.
Bond Market Movements Point to Growing Fiscal Risks
As ratings agencies have serially warned, U.S. debt growth is unsustainable, and global investors appear to be weighing the risks of financing U.S. deficits more heavily.
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Sep 25, 2026
Growing Momentum for a Fiscal Commission in Congress
A fiscal commission would provide the space and structure for lawmakers to comprehensively review the entire budget and improve the fiscal path of the U.S.
Sep 24, 2026
Senators We Elect in 2026 Will Have to Deal with Automatic Social Security Cuts
Without congressional action within the next six years, millions of Social Security recipients will face an automatic benefit cut of approximately 22 percent.
Sep 21, 2026
What Is Stagflation, and How Would It Affect the National Debt?
Stagflation is rare, but when it does happen, it can have significant negative consequences for the economy and the national debt.
Sep 21, 2026
Budget Basics: Federal Trust Funds
Federal trust funds bear little resemblance to their private-sector counterparts.
Sep 19, 2026
What Are Interest Costs on the National Debt?
Interest costs are on track to become the largest category of spending in the federal budget.
Sep 17, 2026
7 Charts That Illustrate America’s Growing Fiscal Stress
America’s fiscal situation is daunting, with key budgetary warning signs and hurdles approaching in the near term.
Sep 17, 2026
86 Ways to Reform the Tax Code — and Why It’s Only Half the Solution
Tax policy is about trade-offs between how much revenue a tax will raise, who will bear the burden, and how a change will impact economic incentives.