Advancing Fiscal Solutions

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America’s fiscal challenges are serious, but they are solvable.

We support and produce a wide range of unbiased, substantive research and data, helping policymakers, journalists and the public develop a fuller understanding of our fiscal and economic outlook — and illuminating a way forward.

97%

Debt-to-GDP Ratio

The national debt is approximately the size of the entire economy and is projected to exceed its record high in 3 years.

$1.8T

Annual Deficit

The Congressional Budget Office projects that the 2024 deficit will be about $220 billion larger than in 2023.

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Fiscal Confidence Index (100 is neutral)

A majority of voters from across the political spectrum agree that lawmakers should spend more time addressing the national debt.

Many Solutions Exist

Solutions Initiative

The Solutions Initiative brings together leading policy organizations from across the political spectrum to develop comprehensive plans to put America on a stronger, more sustainable fiscal path.

Highlights From Our Grantees & Partners

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Saving Social Security

A report from the Committee for Economic Development lays out the need to shore up Social Security’s finances and explores various options for reforming the program.

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From Riches to Rags: Causes of Fiscal Deterioration Since 2001

Analysis from the Committee for a Responsible Federal Budget (CRFB) outlines how both spending increases and revenue reductions can explain the growth in deficits and debt.

Program Highlights

Chart Packs

Chart Packs

Chart packs offer compelling visualizations of the competing priorities, complex issues and meaningful trends that define our budget-making process and fiscal outlook.

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Current Federal Deficit and Debt

These charts place monthly Treasury data in recent context and break down spending and revenues. 

The national debt is $35 trillion and growing.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising national debt. 

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Interest Costs on the National Debt

See interest costs on the national debt for this fiscal year and projections for the next 10 years.

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Fiscal Confidence Index

FCI tracks the American public’s views about our fiscal condition and the progress elected leaders are making in addressing it.

WASHINGTON, DC - JANUARY 31: A view of empty Democrat seats during a meeting of the Senate Finance Committee to vote on the nominations of cabinet nominees Tom Price and Steve Mnuchin, on Capitol Hill, January 31, 2017 in Washington, DC. Senate Democrats on the committee did not show up for the meeting and are boycotting Mnuchin and Price committee votes. (Photo by Drew Angerer/Getty Images)

Budget Terms and Processes

Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.

Further Reading

House Ways And Means Committee Meets For Budget Reconciliation Mark Up

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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Budget Basics: Medicaid

This budget explainer describes what Medicaid is, how it is financed, and who benefits from it.