Poll: Voters Don’t Want New Legislation or Tax Cuts that Increase the National Debt
This year, President Trump and the new Congress face a series of high stakes fiscal policy decisions.
Read MoreAny Way You Look at It, Interest Costs on the National Debt Will Soon Be at an All-Time High
The most recent CBO projections confirm once again that America’s fiscal outlook is on an unsustainable path — increasingly driven by higher interest costs.
Read MoreNational Debt on Track to Reach Record High in Just Four Years
CBO’s latest projections come at a key time, as lawmakers will be faced with a range of critical fiscal decision points in the coming year. Here are seven takeaways from the report.
Read More76 Options for Reducing the Deficit
The nonpartisan Congressional Budget Office released 76 policy options — spanning both revenues and spending — that could help bring the country’s rising debt under control.
Read MoreThe Fed Reduced the Short-Term Rate Again, but Interest Costs Remain High
High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.
Read More7 Charts that Show How the Nation’s Fiscal Outlook Worsened in 2024
The end of 2024 marks another year that the country has failed to improve its daunting fiscal outlook.
Read MoreInfographic: The National Debt Is Now More than $36 Trillion. What Does That Mean?
Although the national debt affects each of us, it may be difficult to put such a large number into perspective.
Read MoreThe U.S. Just Had Its Highest Deficit Outside of Major War or Recession
One of the reasons to restrain debt and maintain a sustainable fiscal outlook is that emergencies arise that may necessitate federal support.
Read MoreThe U.S. Nearly Had a $2 Trillion Deficit Again
Despite a healthy economy driving revenues higher, the underlying deficit nearly reached $2 trillion for the second year in a row.
Read MoreNational Debt a Critical Election Issue for Swing State Voters
More than 9-in-10 voters across seven key states say it’s important for candidates to have a plan for the debt.
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