National Debt
New GAO Report Warns of Worsening Federal Debt
If Congress fails to act, Americans may face rampant inflation or a sovereign debt crisis.
Establishing a Fiscal Commission Could Help Reduce Federal Spending
An effective spending control commission should draw inspiration from the Grace Commission and CARFA.
Taxpayers Do Not Get Everything They Want But They Get What They Need
The Fiscal Responsibility Act is what taxpayers need and will lead to more of what they want to reduce wasteful spending.
The Next Stimulus Bill Must Be Temporary and Targeted
As conversations continue on how to best help Americans in the next round of funding, Congress must remember to keep a temporary mindset that is focused on combatting COVID-19.
CBO Report Shows Trillion-Dollar Deficits and Much Worse Around the Corner
An already grim fiscal outlook grew worse in the Congressional Budget Office’s (CBO) update to its Budget and Economic Outlook for 2019 to 2029.
Lawmakers Who Want to Boost the Middle Class Should Focus on Lowering the Debt
This week, the Congressional Budget Office (CBO) released its 2019 Long-Term Outlook which corroborated that the United States current rate of spending is unsustainable.
CBO Budget Outlook Projects Debt Disaster is on the Horizon
On January 28, 2019, the Congressional Budget Office (CBO) released its annual Budget and Economic Outlook for 2019 to 2029 and unsurprisingly, the United States’ fiscal outlook remains dreadful.
CBO Projects Strong Economic Growth in 2018 and 2019; Trillion Dollar Deficits By 2020
Today, the Congressional Budget Office (CBO) released its annual Budget and Economic Outlook for 2018 to 2028. In order to include several important pieces of budget and spending legislation that pa
