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Feb 21, 2025
Tax Cuts Then and Now: The Debt Is Much Higher
The United States was in a more sustainable fiscal position when lawmakers previously enacted tax cuts.
Oct 7, 2020
What Are Overseas Contingency Operations?
Military activities are funded by federal appropriations. Learn more about how military spending is used to meet national priorities in war zones.
Nov 8, 2021
The Economic and Fiscal Road Ahead
“The most precious asset the nation has is its people. But we are leaving far too many behind,” writes William Gale.
Jan 28, 2022
Healthcare Spending Reaches a Record High
The rise in healthcare spending was largely driven by the federal response to the COVID-19 pandemic.
Feb 1, 2019
CBO Report Highlights Unsustainable Fiscal Outlook
The federal budget is on an unsustainabl fiscal trajectory, according to a new report from the nonpartisan Congressional Budget Office.
Apr 24, 2020
U.S. GDP to Fall 5.6% Due to Coronavirus, According to New CBO Projections
The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.
Oct 1, 2021
Broadband Access and the Digital Divide: What Is the Government’s Role?
Broadband is an indispensable tool for employment, education, and healthcare. As a result, federal policymakers have prioritized funding it.
Oct 4, 2023
Bad Governance Could Be Making Our Debt Problems Worse
Governance issues can harm the U.S. economy, decrease the country’s standing in financial markets, and impact interest costs and the nation’s fiscal stability.
Jul 29, 2021
How Will Interest Rate Changes Affect Federal Debt and Deficits?
Due to the COVID-19 pandemic and the resulting monetary policy response, short-term interest rates are currently near zero and longer-term rates are historically low.
Oct 19, 2022
How Can We Reduce the Cost of an Increasingly Expensive Healthcare System?
Healthcare is uniquely inefficient in the United States, as we have the most expensive system in the world, but we do not get the best outcomes.