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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.

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.

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.

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.

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.

Six Ideas to Improve the Budget Process

The recent contentious budget battles have contributed to a decline in the public’s faith in the political system. A new report suggests a way forward.

The Fiscal Election: What’s at Stake in This Election?

The lawmakers we choose this November will face critical fiscal and economic decisions in the next two, four, and six years.

This Year We Saw the Largest Budget Deficit Since 1945, Driven Largely by the Pandemic

In fiscal year 2020, the U.S. saw the largest budget deficit since 1945 at $3.1 trillion. Find out what contributed to these record-breaking stats.

Divided Government — The Choice Between Governing Or Chaos

“The purpose of electing people to public office is to govern — to make the tough choices, to take the risks, to resolve differences and to enact policies that strengthen the nation,” writes Leon E. Panetta.

The Lame-Duck Congress and the 116th Congress Have Some Key Fiscal Issues on Their Agenda

There are a number of key fiscal issues not only facing the current Congress in coming weeks, but also awaiting the new Congress.