Infographic: President Biden and Congress Face a Range of Complex and Urgent Policy Issues
Last Updated January 19, 2021
Defeating COVID-19 and putting our economy on a path to recovery continue to be the most pressing priorities for our nation. At the same time, our fiscal outlook has worsened considerably — and once the pandemic is over, lawmakers will need to return to managing our historically high national debt. Below is a look at the fiscal and economic landscape that policymakers will inherit.
Further Reading
Budget Resolution Relies on Overly Optimistic Assumptions About Discretionary Spending
Future discretionary spending cuts, which cannot technically be included in reconciliation bills, are difficult to achieve as credible offsets.
Top 10 Reasons Why the National Debt Matters
At $36 trillion and rising, the national debt threatens America’s economic future. Here are the top ten reasons why the national debt matters.
What Is the Primary Deficit?
The primary deficit is the difference between government revenues and spending, excluding interest payments. Learn more about the U.S. primary deficit.