CBO Warns: Deficits Will Reach $1 Trillion In 2023
CBO projects that, on our current path, deficits will reach $1 trillion by 2023 and total $9.4 trillion over the next ten years.
Read MoreGAO: Congress and Trump Administration Face Serious Fiscal Challenges
“The federal government’s fiscal path is unsustainable,” warns the Government Accountability Office.
Read MoreFiscal Advice for President-Elect Trump and Congress
Now that the hard-fought election is over, lawmakers face a series of pressing fiscal and budgetary issues in the New Year.
Read MoreWhat Is the Fiscal Gap?
A newly updated report, prepared by Ernst & Young, reexamines the federal government’s long-term fiscal outlook through the “fiscal gap” measure.
Read MoreSeven Questions on Debt for the Final Presidential Debate
Here are some important questions that the moderator could ask at the final debate to start the conversation about our nation’s most pressing fiscal concerns.
Read MoreVoters: National Debt Needs to Be Part of the Debates
New polling shows that voters want Hillary Clinton and Donald Trump to address the national debt in the upcoming debates.
Read MoreThree Key Takeaways from the Updated Budget Projections
CBO updated its budget projections this week, confirming that for the first year since 2009, deficits as a share of GDP are on the rise again.
Read MoreFour Key Takeaways from the Long-Term Budget Outlook
Projections of the long-term budget outlook have deteriorated significantly since last year.
Read More3 Takeaways from CBO’s Budget and Economic Outlook
The outlook for the federal budget has worsened considerably since last year.
Read MoreIMF Warns of Rising U.S. Debt
The IMF raises concerns that progress on important fiscal issues is being hampered by political dysfunction in Washington.
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