Debt & Deficits
Latest
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Dave McCurdy: Horn leading the way on fixing nation's budget
Dave McCurdy is a former Democratic member of Congress representing Oklahoma’s 4th District and member of the Committee for a Responsible Federal...
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Dunking on the Debt
Concern about the national debt came from an unexpected corner when Brooklyn Nets guard Spencer Dinwiddie announced that he would bring the issue to...
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CBO Releases New Economic Projections
Today, the Congressional Budget Office (CBO) released updated economic projections, incorporating the economic damage from the COVID-19 pandemic...
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Updated Budget Projections Show Fiscal Toll of COVID-19 Pandemic
We have updated our ten-year budget projections to incorproate CBO's latest economic forecast, and now project that debt will reach 121 percent of GDP...
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Treasury Data Shows Other Countries Not Buying Additional Debt
Total foreign holdings of United States debt held steady during the month of April despite the massive increase in government borrowing that took...
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Representative Rouda Introduces Fiscal Responsibility & Long-Term Economic Security Act
While short-term borrowing and large deficits are necessary to fight the COVID-19 public health and economic crisis, policymakers will need to address...
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Correcting the Record on the Enzi-Whitehouse Budget Reforms
Prior to the onset of the COVID-19 pandemic and subsequent economic crisis, the Senate Budget Committee voted 15 to 6 to approve the Bipartisan...
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Debunking Debt Myths in the COVID Economy
Federal debt held by the public is slated to grow by roughly $4 trillion in fiscal year 2020 and exceed the size of the economy by year’s end. Much of...
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The Committee for a Responsible Federal Budget Hails Responsible Economic Leadership
For Immediate Release A bipartisan group of 60 members of Congress – led by Reps. Scott Peters (D-CA) and Jodey Arrington (R-TX) – issued a letter...
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Eugene Steuerle: This is not your grandfather's debt problem
Now that the covid-19 crisis has produced predictions that we soon will reach a debt-to-GDP ratio previously seen only once before — during World War...
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Maya MacGuineas Joins Fox Business to Discuss Federal Debt Projections
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Mornings with Maria on Fox Business. She joined host Maria...
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Is the Fed Buying Our New Debt?
So far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination with...