The US federal budget deficit effectively doubled this year
The Ultimate, Definitive Guide to the Budget Deficit
The federal budget deficit is the difference between the government's income (the money coming in) and its expenditures (the money going out).
Addressing Rising US Debt | Econofact
U.S. Federal Debt Held by the Public, 1940–2053. The Issue: United States Federal Government debt rose sharply after the Great Recession and, at ...
How the Federal Government Spends $6.7 Trillion | Cato Institute
Federal spending is rising faster than tax revenues, generating a massive flow of red ink. Congress has not balanced the budget in more than ...
Appendix, Budget of the United States. Government, Fiscal Year 2024 contains detailed in- formation on the various appropriations and funds that constitute the ...
Federal Deficits, Growing Debt, and the Economy in the Wake of ...
The Coronavirus Disease 2019 (COVID-19) pandemic caused a swift and deep economic downturn from which the country has yet to fully recover.
Debt Limit Deadline and Growing National Debt Demand Action
The U.S. debt limit deadline and federal budget deficits are distinct but related issues. Learn more about fiscal solutions to the growing ...
National Deficit | U.S. Treasury Fiscal Data
On this page, we calculate the deficit by the government's fiscal year. In the last 50 years, the federal government budget has run a surplus four times, ...
U.S. deficit rises amid COVID-19 but public concern about it falls
Response to the pandemic has pushed the federal budget higher than it's been in decades, but Americans are slightly less concerned about the ...
Policy Basics: Deficits, Debt, and Interest
Deficits (or Surpluses)For any given year, the federal budget deficit is the amount of money the federal government spends (also known as ...
Budget Deficit: Causes, Effects, and Prevention Strategies
A budget deficit occurs when government expenses exceed revenue. Many people use it as an indicator of the financial health of a country.
Economic Issues 3--Confronting Budget Deficits
Government budget deficits (the excess of spending over revenue) in industrial countries have been growing as a percent of GDP for the past 20 years.
76 Options to Reduce the Federal Deficit
With debt already the size of the entire U.S. economy and on a course to grow to be twice as large, there's no question that America's fiscal ...
Improving Economic Growth: Cut Spending or Raise Taxes?
A new study offers more evidence that cutting spending is less harmful to economic growth than raising taxes.
The Clinton Presidency: Historic Economic Growth - The White House
In 1993, President Clinton and Vice President Gore launched their economic strategy: (1) establishing fiscal discipline, eliminating the budget deficit, ...
Risks and Threats from Deficits and Debt
High debt levels: Threaten economic vitality: The recent surge in deficit spending has contributed to rapid near-term inflation and over time ...
U.S. Bureau of Economic Analysis (BEA)
U.S. flag. An official website of the United States government.
Why the National Debt Matters for Housing | Bipartisan Policy Center
Our national debt is projected to rapidly increase in the coming decades as a share of the economy, which could slow economic growth and burden families and ...
National Debt - The American Leader
The national debt is the amount of money the federal government has borrowed to cover budget overruns plus the interest it has to pay on the amount borrowed.
Deficit reduction in the United States - Wikipedia
Deficit reduction in the United States refers to taxation, spending, and economic policy debates and proposals designed to reduce the federal government ...
President's Budget | OMB - The White House
President Biden released his budget detailing his vision to protect and build on the Administration's progress and invest in all of America.