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The Debt Ceiling Will Be Reinstated on January 1 — Here’s What’s at Stake
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Our charts frame the fiscal outlook of the U.S. government within a broad economic, political, and demographic context.
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Latest Articles
The U.S. Deficit Should Only Be This High During Crises
One of the reasons to restrain debt and maintain a sustainable fiscal outlook is that emergencies arise that may necessitate federal support.
What Is the Disaster Relief Fund?
Climate and weather-related natural disasters are becoming increasingly frequent. In addition to endangering lives, they are economically costly.
What Is Budget Reconciliation?
With narrow majorities in both Houses of Congress, Republicans are expected to make use of the budget reconciliation process to advance key pieces of their agenda.
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The U.S. Deficit Should Only Be This High During Crises
One of the reasons to restrain debt and maintain a sustainable fiscal outlook is that emergencies arise that may necessitate federal support.
Five Troubling Takeaways from the Latest CBO Report
The U.S. long-term fiscal outlook is notably worse than last year.
How Were State Budgets Doing before the Pandemic?
The COVID-19 pandemic has contributed to a significant budget crunch at the state level. Some states were better prepared than others to handle this crisis.
Uninsured Rate on the Rise Again As Nation Deals with COVID
After a promising decline in recent years, the number of Americans without health insurance is back on the rise.
Spending on Medicaid Spiked Due to the Coronavirus Pandemic
The coronavirus (COVID-19) pandemic has caused federal spending on Medicaid to rise sharply as millions of Americans seek benefits under the program.
How Have States Used Their Direct COVID Relief Funds?
Here are some notable trends showing how lower levels of government have spent some of their relief funds.
Will Allowing Medicare To Negotiate Prices Of Prescription Drugs Result In Cost Savings?
Healthcare spending in the United States accounts for a sizable share of the economy and continues to grow rapidly. A particularly fast-growing portion of healthcare spending goes to prescription drugs, much of it covered by the federal government. In fact, about one-third of retail prescription drug spending is attributable to Medicare. The Inflation Reduction Act, signed into…