Home Programs and Projects Programs: Fiscal Policy

Advancing Fiscal Solutions

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America’s fiscal challenges are serious, but they are solvable.

We support and produce a wide range of unbiased, substantive research and data, helping policymakers, journalists and the public develop a fuller understanding of our fiscal and economic outlook — and illuminating a way forward.

98%

Debt-to-GDP Ratio

The national debt is approximately the size of the entire economy and is projected to exceed its record high in 4 years.

$1.8T

FY2025 Deficit

At the end of Fiscal Year 2025, the annual deficit  is one of the largest the nation has seen in history.

46

Fiscal Confidence Index (100 is neutral)

A majority of voters from across the political spectrum agree that lawmakers should spend more time addressing the national debt.

Many Solutions Exist

Solutions Initiative

The Solutions Initiative brings together leading policy organizations from across the political spectrum to develop comprehensive plans to put America on a stronger, more sustainable fiscal path.

Learn More

Highlights From Our Grantees & Partners

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Budget Offsets Bank

Through the first six months of the fiscal year, the cumulative deficit was $242 billion above the corresponding period the year before.

Read Report on crfb.org
Social-Security

Fixing Social Security

"Unless lawmakers act to strengthen Social Security, there will be a significant automatic cut in benefits in less than a decade. The Brookings Institution released a plan to achieve solvency for the program and garner bipartisan support.

Read Report on brookings.edu

Program Highlights

Chart Packs

Chart Packs

Chart packs offer compelling visualizations of the competing priorities, complex issues and meaningful trends that define our budget-making process and fiscal outlook.

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Current Federal Deficit and Debt

These charts place monthly Treasury data in recent context and break down spending and revenues. 

The national debt is $38 trillion and growing.

National Debt Clock

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

Federal Reserve Bank

Interest Costs on the National Debt

See interest costs on the national debt for this fiscal year and projections for the next 10 years.

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Fiscal Confidence Index

FCI tracks the American public’s views about our fiscal condition and the progress elected leaders are making in addressing it.

WASHINGTON, DC - JANUARY 31: A view of empty Democrat seats during a meeting of the Senate Finance Committee to vote on the nominations of cabinet nominees Tom Price and Steve Mnuchin, on Capitol Hill, January 31, 2017 in Washington, DC. Senate Democrats on the committee did not show up for the meeting and are boycotting Mnuchin and Price committee votes. (Photo by Drew Angerer/Getty Images)

Budget Terms and Processes

Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.

Further Reading

More Resources