The search found 27 results in 0.405 seconds.
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.
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
The students who participated in the fifth annual competition attest that when it comes to our steep fiscal challenges, the country’s emerging leaders have been galvanized into action.
The International Monetary Fund warns that U.S. debt levels pose a risk for future economic growth and fiscal stability.
Federal debt is already at its highest level as a percentage of GDP since 1950 and would exceed its all-time high by 2034 under current law.
The OMB released its mid-session review, an annual update and revision of White House budget projections. This report marked the first time that the administration has acknowledged that deficits will surpass $1 trillion in the near term — a level that should be a wake-up call to all Americans.
A series of sudden, drastic changes to our nation's fiscal policies are slated to take place automatically at the end of this year — what many are calling the "Fiscal Cliff."
Controlling our structural budget deficits will require major changes in budget policy.
Although President Obama’s budget keeps the debt from rising as a share of the economy over the next 10 years, it does not sufficiently address the key drivers of our long-term unsustainable debt.