National Debt on Track to Reach Record High in Just Four Years
CBO’s latest projections come at a key time, as lawmakers will be faced with a range of critical fiscal decision points in the coming year. Here are seven takeaways from the report.
Read More76 Options for Reducing the Deficit
The nonpartisan Congressional Budget Office released 76 policy options — spanning both revenues and spending — that could help bring the country’s rising debt under control.
Read More7 Charts that Show How the Nation’s Fiscal Outlook Worsened in 2024
The end of 2024 marks another year that the country has failed to improve its daunting fiscal outlook.
Read MoreGrowing National Debt Sets Off Alarm Bells for U.S. Business Leaders
Debt rising unsustainably threatens the country’s economic future, and a number of business leaders have signaled their concern.
Read MoreInfographic: The National Debt Is Now More than $36 Trillion. What Does That Mean?
Although the national debt affects each of us, it may be difficult to put such a large number into perspective.
Read MoreThe U.S. Just Had Its Highest Deficit Outside of Major War or Recession
One of the reasons to restrain debt and maintain a sustainable fiscal outlook is that emergencies arise that may necessitate federal support.
Read MoreInternational Monetary Fund Warns: Now Is the Time to Reduce Debt Burdens
New IMF reports serve as a warning to all countries that global fiscal and economic conditions are veering into dangerous territory.
Read MoreThe U.S. Nearly Had a $2 Trillion Deficit Again
Despite a healthy economy driving revenues higher, the underlying deficit nearly reached $2 trillion for the second year in a row.
Read MoreNational Debt a Critical Election Issue for Swing State Voters
More than 9-in-10 voters across seven key states say it’s important for candidates to have a plan for the debt.
Read MoreOur National Debt
America’s fiscal health and economic strength are closely linked. Learn more about the drivers of our national debt and its economic impact.
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