Debt & Deficits
Latest
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How Much Is the Economy Contributing to Deficits?
Last Friday, the CBO released a report showing how much the business cycle has affected budget deficits since 1960. The report shows the effect that...
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Simpson and Bowles Release $2.4 Trillion Deficit Reduction Framework
Today, former Fiscal Commission co-chairs and Moment of Truth Project co-founders Erskine Bowles and Alan Simpson have released a new framework...
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Third Way Calls for $1.9 Trillion of Deficit Reduction
Today, Third Way has released their analysis of the February CBO Economic and Budget Update, reaching a similar conclusion to our report on the new...
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The New Target: At Least $2.4 Trillion of Additional Deficit Reduction
President Obama was recently quoted in the Washington Post as saying that an additional $1.5 trillion of deficit reduction would hit the $4 trillion...
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The Economic Benefits of Deficit Reduction
On the same day they released their February Baseline projection, the Congressional Budget Office (CBO) released a companion report on Macroeconomic...
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Economists in Favor of Smart Deficit Reduction
A recent op-ed from Joe Scarborough in Politico has brought back attention to the stimulus vs. deficit reduction debate. Some commentators like Paul...
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How Far We Have to Go on Deficit Reduction
In the past few weeks, we have made the case for putting debt on a downward path as a percent of GDP as a goal for the next round of deficit reduction...
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Putting the Debt on a Downward Path
Yesterday, President Obama suggested we need about $1.5 trillion in deficit reduction on top of what has been enacted so far, a claim which matches a...
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Make Your Own Deficit Reduction Plan!
All eyes are on Washington, as we see what the White House and the Congress agree on to avert the fiscal cliff and begin to tackle our debt. While we...
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Myth Buster: Those Who Advocate for Deficit Reduction Should Love the Fiscal Cliff
In the first of our "Myth Buster" series this week, we take on the myth that those who advocate for deficit reduction should love the fiscal cliff. We...
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What Works and What Doesn't for Deficit Reduction
The IMF's most recent World Economic Outlook has a very helpful chapter looking at six case studies on countries who have dealt with a high debt...