Events2Join

America's Endless Federal Deficits


Why the National Debt Matters for Housing | Bipartisan Policy Center

Over the next 10 years, the Congressional Budget Office projects that, absent action, the federal government will add another $20 trillion of ...

National debt of the United States - Wikipedia

The Congressional Budget Office (CBO) estimated in February 2024 that Federal debt held by the public is projected to rise from 99 percent of GDP in 2024 to 116 ...

Why Did Americans Stop Caring About the National Debt?

The annual budget deficit was in the process of doubling from $1 trillion to $2 trillion in a single year due to some student-debt cancellation ...

The national debt is over $34 trillion. It's time to tell the truth about ...

For most of American history, until the mid-1970s, annual federal spending and revenue were roughly in balance—the exceptions being in wartime.

U.S. national debt hits record $34 trillion as Congress gears up for ...

Last June, the Congressional Budget Office estimated in its 30-year outlook that publicly held debt will be equal to a record 181% of American ...

Why Trump and Harris Aren't Talking About the $1.8 Trillion Deficit

The U.S. budget deficit topped $1.8 trillion in the last fiscal year. Meanwhile, both candidates for president are proposing plans that ...

Why US Federal Budget Deficit Is a Worry Again, and Will Remain So

Higher interest rates are making it more expensive to service America's debt though payments to its lenders: The nonpartisan Congressional ...

Long-Term Financial Implications of Current Federal Budget Policies

Current U.S. fiscal policy is in permanent imbalance as current debt plus projected future spending outstrips future tax revenue. · These ...

How Would You Balance the Budget? | George W. Bush Presidential ...

While rarely mentioned on the campaign trail, the federal budget is on an unsustainable path. The annual deficit, the amount by which spending exceeds revenues, ...

The American Addiction to Transfer Payments - Mises Institute

The budget deficit for federal fiscal year 2024 clocked in at $1.8 trillion, representing about 5 percent of US GDP, and the federal debt is now ...

Does the Debt Matter? | National Affairs

Since the earliest days of the American republic, political leaders have been concerned about the threat posed by large deficits and mounting federal debt.

America's Endless Wars Are Damaging Its Economic Might

Already, America's budget deficit topped $1 trillion for the 2019 fiscal year and will increase further in 2020. That's just the money we ...

The National Debt Crisis Is Coming - WSJ

During the Obama administration, many economists and political commentators became worried that the U.S. faced endless budget deficits that ...

New Poll Finds Americans Worry About the Debt and Want the ...

Overwhelming support for a fiscally responsible federal budget: Overall, Americans show a strong preference towards fiscal responsibility and ...

Making Sense of the National Debt | St. Louis Fed

The total national debt is over $22 trillion and growing, with no reduction in sight. How much debt is too much?

A Historical Look at National Debt Teaches an Unambiguous Lesson

And crossing over this threshold has caused economies to slow down relative to their prior experience. (America will reach this level in about 2026.) The ...

Address to the Nation on the Federal Budget and Deficit Reduction

Today our national debt amounts to nearly $8,000 for every man, woman, and child in America, and it's increasing by about $1,000 per person each ...

The national debt is big and getting bigger. Does it matter?

That fact would worry any deficit hawk, but the exigency of the pandemic has led many of them to conclude that more federal spending is a ...

Budget of the U.S. Government - The White House

This link also includes. Historical Tables that provide data on budget re- ceipts, outlays, surpluses or deficits, Federal debt, ... America's deficit. The ...

Has America Entered the Fall of Rome? | The Heritage Foundation

Shrinking the government ends the deficits that drive the inflation that is crushing American families. It ends the slow bleed-out of our ...