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Can a New Congress — and a Divided Government — Make Progress on Fiscal Challenges?

A divided government means there is both a requirement and a valuable opportunity for lawmakers to work together on fiscal solutions.

Five Different Ways of Raising Taxes on the Wealthiest Americans

Many options exist to reduce the imbalance between spending and revenues, including additional taxes on wealthier Americans.

Interest Costs Rise Sharply in Latest CBO Report

While this year’s deficit looks much better primarily due to the expiration of pandemic relief programs, CBO projects that the deficit will soon begin to climb again.

The U.S. Economy Grew at Its Fastest Rate Since 1984

The strong rebound in 2021 was partially due to the high economic growth experienced in the fourth quarter.

Budget Basics: What Is the Earned Income Tax Credit?

The earned income tax credit (EITC) is a measure administered through the tax code to address poverty.

What Are Interest Costs on the National Debt?

Interest costs are on track to become the largest category of spending in the federal budget.

Strengthening Medicare: Options to Reduce Costs

There are different ways to reduce Medicare spending, and any reform option that reduces Part A costs would help extend the longevity of the HI Trust Fund.

Voters: National Debt Needs to Be Part of the Debates

New polling shows that voters want Hillary Clinton and Donald Trump to address the national debt in the upcoming debates.

What the Candidates Said About the Debt

The third presidential debate included a dedicated segment on the national debt, giving both candidates a chance to talk about their vision.

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.