The National Debt Can Crowd Out Investments in the Economy — Here’s How
Large amounts of federal debt could “crowd out” investments by the private sector, making the economy less productive and stunting wage growth.
Read MoreThe President’s Budget Doesn’t Address National Debt, and Calls for Highest Defense Spending in History
As lawmakers prepare the fiscal year 2027 (FY2027) appropriation bills, the Administration’s budget submission sets out its funding requests for executive agencies. The Administration would increase total discretionary spending from the $1.7 trillion enacted in fiscal year 2026 to $1.8 trillion in fiscal year 2027. However, the submission does not substantively address major mandatory spending…
Read MoreRising National Debt Increases Costs for American Families and Businesses
Federal fiscal policy is a significant but often overlooked factor in the affordability of vehicles, homes, and small business loans.
Read MoreThe Fed Held Its Target Range For the Fourth Meeting in a Row but Interest Costs Remain High
High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.
Read MoreDelaying Fiscal Reform is Costly, Annual Treasury Report Warns
The Treasury projects that debt as a percentage of GDP will grow to more than five times the size of the U.S. economy in the next 75 years.
Read MoreDebt vs. Deficits: What’s the Difference?
The words debt and deficit come up frequently in debates about policy decisions. The two concepts are similar, but are often confused.
Read More5 Ways Rising National Debt Makes America Less Affordable
The rising debt contributes to higher inflation and interest rates, which can have significant negative consequences for American families and businesses.
Read MoreAffordability and the National Debt
The rising national debt has costly economic consequences for American families and businesses.
Read MoreWhat Is R Versus G and Why Does It Matter for the National Debt?
The combination of higher debt levels and elevated interest rates have increased the cost of federal borrowing, prompting economists to consider the sustainability of our fiscal trajectory.
Read MoreInterest 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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