These Eight Decisions by Lawmakers in the Last Two Years Will Add $2.3 Trillion to the National Debt
Just eight actions over the past two years will add an estimated $2.3 trillion to deficits between 2021 and 2031.
Read MoreThe Rising National Debt Drives Up Long-Term Interest Rates
Mounting federal debt can cause interest rates to rise significantly, according to a new report released by the American Enterprise Institute (AEI).
Read MoreSocial Security Reform: Options to Adjust Benefits
A well-designed benefit reduction policy would improve the equitability by better balancing the payouts between low- and high-income earners, say proponents.
Read MoreThe Deficit Was Cut in Half in 2022 Thanks to the Expiration of Pandemic-Related Spending
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
Read MoreDivided Government Presents an Opportunity for Democrats and Republicans to Work Together to Solve the Country’s Fiscal Challenges
With a divided government, lawmakers have an opportunity to find common ground on the nation’s pressing fiscal and economic challenges.
Read MoreTop Economists Don’t See Immediate Recession; Share Concerns on Inflation, Interest, and Debt
Two top American economists said that while the U.S. faces a complex mix of fiscal and economic challenges, they don’t see an immediate threat of recession.
Read MoreHow Much Does the United States Spend on Prescription Drugs Compared to Other Countries?
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
Read MoreThe U.K. Economic Crisis Proves That Debt Matters, Even for the United States
The economic turbulence in the United Kingdom shows that fiscal responsibility is increasingly important amid high inflation and rising interest rates.
Read MoreDoes UK Crisis Hold Fiscal, Economic Lessons for US Policymakers?
There are many critical differences between our two nations, but can the UK predicament inform U.S. policymakers?
Read MoreThree Major Challenges to Retirement Security
The top financial worry for Americans is having enough money for retirement — and for good reason.
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