Debt & Deficits

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Bipartisan, Bicameral Group Requests CBO to Include Debt Servicing Impact in Legislative Cost Estimates

Senator Mike Lee (R-UT) and Representatives Ed Case (D-HI) and Michael Cloud (R-TX), in a bipartisan and bicameral group of 68 lawmakers, this week...

Kurt Couchman: When will cheap credit dry up?

Kurt Couchman is co-director of legislative strategy at the Committee for a Responsible Federal Budget. He recently wrote an ...
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President Trump has Signed $4.7 Trillion of Debt into Law

Last summer, we estimated that since his inauguration in January of 2017, President Trump had signed legislation into law that will ultimately add $4...
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Our Top Fiscal Charts of 2019

2019 was a busy year for budget policy, which gave us ample opportunities to conduct substantive policy analysis using charts and tables. This...

Policymakers Added $2.2 Trillion to the Debt in 2019

With Congress finishing up appropriations for Fiscal Year (FY) 2020, including additional provisions that will add $500 billion in debt over the next...
Maya MacGuineas

Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an...
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OECD: U.S. Has the Highest Deficit

The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries...
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Burchett, Case, and Womack Introduce RAFT Act

One way to begin addressing our unsustainable fiscal situation is to set fiscal goals, which could come in the form of debt targets. A new...
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Case and Womack Introduce Sustainable Budget Act

Building on bipartisan momentum for addressing our unsustainable fiscal situation, Representative Ed Case (D-HI) and House Budget Committee Ranking...

Budget Deficit Increases 34% in October

For Immediate Release  The Department of Treasury today announced that the deficit in October was $134 billion – a 34 percent...

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