Debt & Deficits
Latest
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Marc Goldwein: National Debt: Yes, Rising Annual Deficits Threaten the U.S. Economy
Read moreMarc Goldwein is the senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote a column...
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Q&A: Everything You Should Know About the Debt Ceiling - Sep 2017
Read moreThis Q&A has been updated. See here for the latest version. One issue that must be addressed this month is the federal debt ceiling, which was...
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The Fed's Effect on Deficits and Debt
Read moreAs monetary policy watchers descend upon Jackson Hole, Wyoming, for the Federal Reserve Bank of Kansas City’s annual economic policy symposium, we...
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A Mini-Bargain to Improve the Budget
Read moreA new version of this paper exists that was updated to include savings for disaster relief. The national debt is currently at its highest share of the...
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$200 Billion in Mandatory Savings Should Not Be Too Difficult
Read moreOne of the debates preceding the House Budget resolution was whether the resolution should call for $200 billion of mandatory savings. This week's...
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Did the Trade Deficit Cause $20 Trillion in Debt?
Read moreIn a meeting with South Korean President Moon Jae-in, President Trump suggested that the national debt is caused by years of trade deficits. However...
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Highlights from CBO's June Baseline Update
Read moreToday, the Congressional Budget Office (CBO) released updated ten-year budgetary baseline and economic projections. Like its previous projection in...
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Drivers of Spending Growth in the Long Term
Read moreThe Congressional Budget Office’s (CBO) latest Long-Term Budget Outlook projects that federal debt held by the public will exceed the size of the...
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CBO’s 2017 Long-Term Budget Outlook
Read moreThe United States is on an unsustainable fiscal path, according to the Long-Term Budget Outlook released by the Congressional Budget Office (CBO)...
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Update: The Cost of Rising Interest Rates
Read moreOver the next decade, interest payments on the debt are projected to be the fastest growing part of the federal budget. Last year, the federal...
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CRFB Co-Chair Leon Panetta Tells Face the Nation We Must “Put Everything on the Table”
Read moreCRFB Co-Chair Leon Panetta was on Face the Nation on CBS this Sunday. Among a variety of topics, the former Secretary of Defense, Director of the...
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What's Needed to Balance the Budget and Meet Other Fiscal Goals
Read moreWith debt projected to rise from 77 percent of GDP today to 89 percent by the end of the decade, our latest estimates find that fixing the debt is...