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Inflation, Interest Rates, and the Budget: New Challenges, Old Solutions

“Inflation and interest rates will have important impacts on the long-term federal budget outlook,” write William G. Gale and Swati Joshi.

Debt Matters

“The daunting demographic outlook points to a shrinking number of persons to support the tax base required for funding expanding annual federal budget deficits and mounting public debt,” write Dana M. Peterson and Lori Esposito Murray.

How Has the Coronavirus Pandemic Affected Federal Spending on SNAP?

Since April 2020, the federal government has spent an average of $9 billion per month on SNAP.

14 Charts That Illustrate Our Fiscal Situation as We Close Out 2021

These charts tell the fiscal story of 2021 and explore how our fiscal situation deteriorated over the past year and what challenges lie ahead.

Breaking Down the Coronavirus Relief Spending — How Much Direct Aid Has Gone out the Door So Far?

Policymakers have authorized an estimated $3.6 trillion in federal spending to help counter the economic effects of the coronavirus pandemic.

First Economic Growth Report under the Coronavirus: Real GDP Falls 4.8% in First Quarter

The decrease in GDP in the first quarter was driven by a decline in consumption and investment.

Five Troubling Takeaways from the Latest CBO Report

The U.S. long-term fiscal outlook is notably worse than last year.

Four Key Takeaways from the Latest 2020 Unemployment Data

The economic impact of the coronavirus has been profound, but it has not been felt equally by all demographic groups.

Legislation to Fight Coronavirus Pandemic Has Reduced Federal Revenues by $500 Billion

Coronavirus relief legislation is expected to increase federal deficits by $2.4 trillion over the next decade.

National Debt to Measure Nearly Double the Size of the Economy in 30 Years

The COVID-19 pandemic has led to a considerable increase in spending — but our long-term debt was already on an unsustainable path.