Chris Towner: Three Charts That Tell America’s Troubling Fiscal Tale

Chris Towner is policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for Inside Sources, an excerpt of which is below.

Last year was nothing less than eventful in Washington. In 2022, policymakers enacted several significant policy changes in areas from green energy subsidies and prescription drug savings to new veterans benefits and funding the government for fiscal years 2022 and 2023, among other priorities.

Meanwhile, inflation was at a 40-year high pace as economic growth cooled after the recovery from the end of the worst of the COVID-19 pandemic.

We at the Committee for a Responsible Federal Budget have been tracking all of this work, with more than 200 analyses, papers and other products highlighting the fiscal and economic effects of policymakers’ actions. While we’ve put together 22 charts that paint a full picture of the work done over the past year, three come to mind that highlight fiscal policy and the challenges in 2023.

Read the entire piece here.

Published works by members or staff of the Committee for a Responsible Federal Budget do not necessarily reflect the views of all members or staff of the Committee.