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Top 10 Reasons Why the National Debt Matters

At $38 trillion and rising, the national debt threatens America’s economic future. Here are the top ten reasons why the national debt matters.

Trustees: Funding Challenges Threaten Medicare’s Future

The Medicare Hospital Insurance Trust Fund will be depleted in 2026, which is three years sooner than was projected in last year’s Trustees report.

What Is a Carbon Tax? How Would It Affect the Economy?

In light of the growing urgency of the climate crisis, many lawmakers, advocacy groups, and American citizens are calling for the government to undertake policies to more comprehensively address climate change.

What Is a Wealth Tax, and Should the United States Have One?

Proponents of the wealth tax argue that it could help address rising wealth and income inequality while also generating revenues.

Why Fiscal Space Matters

Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.

Almost 25% of Healthcare Spending is Considered Wasteful. Here’s Why.

The United States has one of the most expensive health systems in the world, hampering the country’s fiscal and economic well-being.

How Can Fiscal Policy Help Reduce Inflation?

Responsible fiscal policy can play an important complementary role to monetary policy in helping to moderate inflation.

3 Ways to Improve the Federal Budget Process

The current budget process is ill-suited for managing the nation’s long-term fiscal affairs. Learn about possible reforms to reimagine the budget process.

America’s Underlying Deficit Doubled in Fiscal Year 2023

In FY23 the federal government officially incurred a budget deficit of $1.7 trillion — about $320 billion higher than last year’s amount.

Budget Basics: Balanced Budget Amendment — Pros and Cons

What is a balanced budget amendment to the Constitution, and how would it work in practice?