Debt & Deficits
Latest
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Debt Will Rise Under the Next President
Our recent updates and analyses of the fiscal policies of Secretary Clinton, Senator Sanders, and Donald Trump show that debt would rise from today’s...
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Halfway Through the Year, FY 2016 Leads FY 2015 in Deficits
The Congressional Budget Office (CBO) released its Monthly Budget Review for March recently, so we now have data for the first half of Fiscal Year (FY...
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Can Donald Trump Pay Off the National Debt in 8 Years?
In a recent interview, presidential candidate Donald Trump said he would pay off the nation’s $19 trillion debt “over a period of eight years.”
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Katherine Gehl & Maya MacGuineas: Debt and deficits rising: Who has courage?
Katherine Gehl, former president & CEO of Gehl Foods, Inc., and a member of the CEO Fiscal Leadership Council of the Campaign to Fix the Debt, and...
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How The March Baseline Reiterates Our Distressing Fiscal Path
The Congressional Budget Office's (CBO) updated March baseline confirms the era of declining deficits is over. This year's deficit is expected to rise...
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Auerbach-Gale Analysis Agrees on the Worsening Fiscal Outlook
Alan Auerbach of the University of California-Berkeley and William Gale of the Tax Policy Center recently published a report, "Once More Unto the...
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Will Social Security, Medicare, Medicaid, and Interest Take up 83% of Spending in Five Years?
During the February 25 Republican presidential debate, Sen. Marco Rubio (R-FL) said: I want to go back to this question you asked about the debt. This...
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Adding Up Senator Cruz's Campaign Proposals So Far
Update, 3/8/16: Since this analysis was posted, the Tax Policy Center added an additional policy of Sen. Cruz’s tax plan to their analysis that...
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Adding Up Donald Trump's Campaign Proposals So Far
NOTE: This is an archive version of this analysis and contains out-of-date estimates. The most up-to-date analysis can be found here: https:/...
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Moving on Up: Interest Costs in the CBO Baseline
With the Congressional Budget Office releasing its final baseline last week, we know the dire fiscal future facing the country. Thanks to policymakers...
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How Lawmakers Could Make the Budget Outlook Even Worse
CBO's summary of its budget outlook included a short summary of the long-term debt outlook, which showed debt rising continuously and eventually...
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Everything You Need to Know About CBO's January 2016 Budget and Economic Outlook
We've published a new chartbook to illustrate the most important facts and figures from this week's report by the Congressional Budget Office (CBO)...