Chart Pack: Fiscal Outlook
The national debt is already at its highest level since just after World War II, and annual deficits are on an upward trajectory.
Read MoreThe One Big Beautiful Bill Act Is the Most Expensive Reconciliation Package in Recent History
This week, lawmakers in Congress approved reconciliation legislation that will add trillions of dollars to America’s already unsustainable fiscal trajectory
Read MoreLifting the Debt Ceiling Has Been Paired with Budget Reform in the Past
Earlier this year, the United States once again hit its debt ceiling, which is currently capped at $36.1 trillion.
Read MoreEven with Economic Growth Factored in, OBBBA Would Increase Deficits
The small, positive fiscal impact from slightly higher economic growth is projected to be more than offset by increased federal interest costs.
Read MoreInterest Costs on the National Debt
See interest costs on the national debt for this fiscal year and projections for the next 10 years.
Read MoreCurrent Federal Debt & Deficit
See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.
Read More589 Ways to Improve Government Efficiency and Reduce Deficits
A new report outlines ways to find cost savings by reducing overlap, duplication, and fragmentation across the federal government.
Read MoreHouse Reconciliation Bill Would Add Trillions to the National Debt
The bill would increase debt by $3.0 trillion over the next 10 years, driving it from nearly 100 percent of GDP now to 124 percent of GDP by 2034.
Read MoreThe Scorekeepers Agree: Budget Bill will Increase U.S. Debt by Trillions
The House recently passed the One Big Beautiful Bill Act, and scorekeepers are unanimous in their assessment that it would increase federal debt.
Read MoreHouse Reconciliation Bill Would Increase the National Debt by More Than Any Other Recent Legislation
The House recently passed the largest reconciliation bill ever. CBO estimates it would add $2.4 trillion (excluding interest) to the national debt over 10 years.
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