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Jan 15, 2021
83 Ways We Can Reduce the Deficit, According to CBO
It’s important for lawmakers to consider the many available policy options for improving that outlook.
Apr 9, 2018
A Return to Trillion Dollar Deficits
CBO reports that the fiscal outlook is dramatically worse than it was last year, primarily due to the fiscally irresponsible tax legislation and budget deal.
Jun 28, 2019
CBO Warns: Historic Debt Levels Pose Substantial Risks
Federal debt will rise to 144 percent of GDP within 30 years — far exceeding its all-time high, and nearly doubling today’s level.
May 2, 2019
CBO’s Updated Projections Show Deficits Continuing to Climb, Despite Growing Economy
Under current law, the U.S. budget deficit will exceed $1 trillion each year beginning in 2022 and total $11.4 trillion over the upcoming decade.
Oct 30, 2019
Economic Growth Rates in 2019 Are on Track to Be Lower Than in 2018
Growth earlier in the year was spurred by appropriations enacted in early 2018 as well as by the TCJA, though the stimulus effects of the latter are fading.
Jul 19, 2019
Fast-Approaching Fiscal Deadlines Pose Threat to American Economy
Americans and the economy are vulnerable to a series of high-stakes fiscal deadlines, with an uncertain path forward.
Feb 11, 2020
Fed Chair Powell Encourages Congress to Address Rising Debt before Next Downturn
Powell noted that the current economic expansion is the longest on record and emphasized the need to consider the long-term implications of fiscal policy.
Oct 5, 2017
Federal Budget Deficits Rising — Even Before Tax Cuts
The federal budget deficit rose to $666 billion for fiscal year 2017 — an increase of around $80 billion from the previous year.
Jun 25, 2019
Five Key Takeaways from the CBO Long-Term Outlook
Interest costs are projected to triple. As the debt grows, the cost of paying interest on the debt is projected to increase rapidly.
Jul 2, 2025
Healthcare Costs Are a Major Driver of the National Debt and Here’s the Biggest Reason Why
Improving the U.S. healthcare system will be crucial to providing quality, affordable healthcare and to bettering our nation’s long-term economic and fiscal well-being.