How Are Safety Net Programs Helping the Response to the Coronavirus Pandemic?
Despite the increased federal deficit, the expansion of safety net programs has led to generally effective economic stimulus.
Read MoreCBO’s Budget Outlook Shows Pandemic’s Acceleration of U.S. Fiscal Challenges
The latest budget outlook released by CBO is the first to fully capture the budgetary impact of the pandemic.
Read MoreNew CBO Report: Pandemic Accelerates Existing Fiscal Challenges
Here are five key takeaways from CBO’s latest projections that show the path of federal revenues, spending, and debt through 2050.
Read MoreNational Debt Will Be the Size of the Economy by Next Year and Other Takeaways from the CBO Report
Here are five key takeaways from the first CBO analysis to fully account for the economic effects of the pandemic and the legislative response to it.
Read MoreCBO Report Highlights America’s Unsustainable — and Deteriorating — Fiscal Outlook
The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.
Read MoreFive Troubling Takeaways from the Latest CBO Report
The U.S. long-term fiscal outlook is notably worse than last year.
Read MoreDecade in Review: Looking Back at CBO Projections Then and Now
Let’s take a closer look at projections from 10 years ago to assess how decisions by lawmakers and other factors have contributed to our fiscal outlook.
Read More$9 Trillion Added to the National Debt over the Last Decade
Over the past decade, trillions of dollars were added to the national debt. Much of that growth in debt occurred as a result of the Great Recession.
Read More11 Charts That Show How Our National Debt Grew in 2019
Here are eleven charts that tell America’s fiscal story for 2019 — and show how our outlook went from bad to worse over the last 12 months.
Read MoreDebt Is Expected to Grow Faster in the United States than Anywhere Else in the World
The United States leads the world in an unfortunate category: the pace of growth in its debt.
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