Debt & Deficits
Latest
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How Much Did President Trump Add to the Debt?
In the recent GOP primary presidential debate, former United Nations Ambassador Nikki Haley claimed that President Trump added $8 trillion to the...
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Gross National Debt Tops $34 Trillion; Third Milestone in 12 Months
The gross national debt of the United States topped $34 trillion Friday after topping $33 trillion in September, the U.S. Treasury confirmed today...
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Congress Should Avoid Costly Tax Cut Holiday Season
According to press reports , policymakers may be close to reaching a bipartisan tax cut deal that would temporarily restore various business tax...
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Treasury: $381 Billion Deficit in First 2 Months of Fiscal Year
The United States borrowed $381 billion in the first two months of fiscal year 2024, including $314 billion in November, according to the latest...
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CBO Estimates $383 Billion Deficit For First Two Months of Fiscal Year
The United States borrowed $383 billion in the first two months of fiscal year 2024, including $317 billion in November, according to the latest...
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Treasury Confirms $67 Billion Deficit in First Month of Fiscal Year
The United States borrowed $67 billion in the first month of fiscal year 2024, according to the latest Monthly Treasury Statement from the Treasury...
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CBO Estimates $65 Billion Deficit For First Month of Fiscal Year
Since Fiscal Year (FY) 2024 began on October 1, the United States has already borrowed $65 billion, according to the latest Monthly Budget Review...
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Chartbook: R versus G and the National Debt
On October 31, Committee for a Responsible Federal Budget senior vice president and senior policy director Marc Goldwein gave a presentation on the...
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ARCHIVE: Introducing the CRFB Debt Thermometer (2023)
Note: This is an archived version of the initial CRFB Debt Thermometer. For the most recent thermometer, see this page . Fiscal policy has profound...
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2023 Deficit Hit $1.7 Trillion
The U.S. Department of the Treasury released its final Monthly Treasury Statement for Fiscal Year (FY) 2023, showing a $1.7 trillion deficit for the...
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Deficit Tops $1.7 Trillion As Interest Rates Surge
The Congressional Budget Office (CBO) today released its final Monthly Budget Review of Fiscal Year (FY) 2023, finding that the budget deficit totaled...
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Maya MacGuineas: Finally, a Serious Idea to Address the National Debt
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...