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...
Debt & Deficits
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...
Co-Chairs Daniels, Panetta, & Penny Statement on FY 2019 Deficit
For Immediate Release
The Treasury Department released Friday the final deficit total for Fiscal Year 2019, which ended on September 30. Figures...
Maya MacGuineas: The Tax Cuts and Jobs Act Made the Debt Worse and Makes Fixing It Even Harder
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote a...
Will Thanksgiving Appropriations Be Stuffed with Debt?
Having just enacted a continuing resolution last week to extend current government funding through November 21, policymakers must now work toward the...
Eugene Steuerle: Multi-Trillion Dollar Fiscal and Monetary Gambles
Dr. Eugene (Gene) Steuerle is an Institute fellow and the Richard B. Fisher chair at the Urban Institute and a member of the Committee for a...
Marjorie Margolies: When will the 2020 presidential candidates be asked about America’s debt?
Marjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. ...
Tim Penny & David Minge: Debating 2020 Democrats should not ignore our exploding debt
Tim Penny is co-chair and David Minge is a board member of the Committee for a Responsible Federal Budget. Both are former representatives from the...
Debt Could Reach Record Levels by 2030
The Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...
Analysis of CBO’s Updated Budget and Economic Outlook (August 2019)
Today, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook, showing that the national debt is on an unsustainable...