Why Is the Federal Deficit High If Unemployment Is Low?
The U.S. is experiencing an unusual and concerning phenomenon — the annual deficit is high even though the unemployment rate is low.
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 MoreHow Much Is the National Debt? What Are the Different Measures Used?
There are three widely used measures of federal debt. What are the important differences between these measurements?
Read MoreTop 10 Reasons Why the National Debt Matters
At $37 trillion and rising, the national debt threatens America’s economic future. Here are the top ten reasons why the national debt matters.
Read MoreWhat Is the National Debt Costing Us?
Programs that millions of Americans depend on and care about may be feeling a squeeze from interest costs on our high and rising national debt.
Read MorePoll: Voters Don’t Want New Legislation or Tax Cuts that Increase the National Debt
This year, President Trump and the new Congress face a series of high stakes fiscal policy decisions.
Read MoreAny Way You Look at It, Interest Costs on the National Debt Will Soon Be at an All-Time High
The most recent CBO projections confirm once again that America’s fiscal outlook is on an unsustainable path — increasingly driven by higher interest costs.
Read MoreNational 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.
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