Poll: Strong Bipartisan Majority of Voters Call for Fiscal Commission
Voters are calling on their leaders to take concrete actions to put us on a better fiscal path.
Read MoreVoters Don’t Want a Shutdown, They Want Action on the National Debt Instead
A new poll shows that nine-in-ten Americans want policymakers to work together to avoid a shutdown and focus on implementing solutions to our growing national debt.
Read MoreWhy Is the U.S. Fiscal Outlook More Daunting Now than After World War II?
Two major factors explain the difference in the fiscal outlook now: expectations of lower economic growth and the underlying structural imbalance in the federal budget.
Read MoreThe 2023 Deficit Is Projected To Total $1.5 Trillion. Here’s Why It Could Be Even Higher
For 2023, the Congressional Budget Office (CBO) estimated in May that the federal budget deficit will total $1.5 trillion.
Read MoreThe U.S. Fiscal Outlook Has Gotten Worse over the Past Year — Here’s Why
Federal deficits will total $19.0 trillion over the 2023–2032 period if no new legislation targeting spending or revenues is enacted.
Read MoreInterest Is Skyrocketing, and the National Debt Will Reach an All-Time High in Just 5 years
The Congressional Budget Office (CBO) released updated budget and economic projections that incorporate higher interest rates and other developments.
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 $31.4 trillion.
Read MoreInterest Costs on the National Debt Are on Track to Reach a Record High
Borrowing costs have increased rapidly over the past year and will grow through the next decade.
Read More76 Options to Reduce the Federal Deficit
There’s no question that America’s fiscal outlook is daunting. The good news is that there are plenty of ways to reverse course.
Read More8 Charts That Show How We Failed to Fix Our Fiscal Outlook This Year
These charts tell the fiscal story of 2022 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
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