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  • The Fiscal Challenge
    • Our National Debt

      Understand the U.S. national debt, why it matters, and what we can do.

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      Learn about the budget, how it’s created, and how we can fix our budgeting process.

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Infographic: The National Debt Is Now More than $36 Trillion. What Does That Mean?

By briteweb | November 22, 2024
National Debt Clock

Although the national debt affects each of us, it may be difficult to put such a large number into perspective.

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The U.S. Just Had Its Highest Deficit Outside of Major War or Recession

By svillarreal | November 20, 2024
Image of the U.S. Capitol half in shadow during sunset.

One of the reasons to restrain debt and maintain a sustainable fiscal outlook is that emergencies arise that may necessitate federal support.

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The U.S. Nearly Had a $2 Trillion Deficit Again

By jcurry | October 29, 2024
Capitol Washington DC

Despite a healthy economy driving revenues higher, the underlying deficit nearly reached $2 trillion for the second year in a row.

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National Debt a Critical Election Issue for Swing State Voters

By briteweb | October 23, 2024
Swing State Voters Care About the National Debt

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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Why Have Federal Deficits Soared Over the Past Two Decades?

By jcurry | July 31, 2024
U.S. Capitol Shrouded In Fog

The widening budget deficit is attributable to both a decline in revenues and an increase in spending.

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The White House Now Expects $2 Trillion Deficits by the End of the Decade

By jcurry | July 26, 2024
White House

A set of new budget estimates reveals that even if the President’s budget were implemented in full, debt would still exceed its all-time high by the end of the decade.

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Comprehensive Plans to Address the National Debt

By briteweb | July 23, 2024
Image of U.S. Dollars

Policy leaders and experts across the political spectrum have proposed a number of comprehensive plans to reduce America’s long-term debt.

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The Nation’s Fiscal Outlook Just Got Worse — Here’s Why

By jcurry | July 1, 2024
The U.S. Capitol Building

The CBO updated its budget and economic projections, which now show that federal deficits are projected to be $2.1 trillion higher over the next decade than the agency projected just a few months ago.

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CBO’s New Report Shows Worsening Fiscal Outlook

By jcurry | June 19, 2024
US Capitol

The national debt is expected to exceed its record high in just 3 years.

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The Lawmakers We Elect in November Will Face a Series of Important Fiscal Decisions

By briteweb | May 29, 2024
fiscal-election-hero

Here are some of the major fiscal deadlines that the leaders we elect for the next two, four, and six years will face.

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