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America's Fiscal Future


America's Fiscal Future | U.S. GAO

GAO takes a big-picture look at the nation's fiscal condition and offers resources to help policymakers get the nation on a more sustainable fiscal path.

America's Fiscal Future - Drivers and Trends | U.S. GAO

Over the long term, the imbalance between spending and revenue that is built into current law and policy is projected to lead to continued growth of the deficit ...

Our Debt to the Future? America's Fiscal Policy Shouldn't Leave a ...

The Congressional Budget Office (CBO) has even stated that it expects net interest costs (NICs) to cross the $1‑trillion mark in FY 2025 (on its ...

Next year's battle royale over tax policy will shape America's fiscal ...

Next year's battle royale over tax policy will shape America's fiscal future ... When Americans go to the polls in November, they will be deciding ...

Harris and Trump Dodge America's Dire Fiscal Future

Trump's fiscal plans, if you can call them that, are certainly more reckless than Harris'. But both are promising tax cuts and spending ...

America's fiscal outlook is disastrous, but forgotten - The Economist

The federal deficit has averaged 9% of GDP a year. The International Monetary Fund says that America's borrowing is so vast it is endangering global financial ...

America's Fiscal and Economic Outlook: Where Do We Go From Here?

The pandemic not only accelerated our existing fiscal challenges significantly, it exposed longstanding inequities in our society. A secure fiscal foundation is ...

The Budget and Economic Outlook: 2024 to 2034

The Federal Budget. The deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by ...

The Fiscal Situation of the United States | Cato Institute

Third, entitlement reform must be coupled with pro-growth policies to secure America's fiscal future and economic prosperity. Growing spending ...

Why Are We Gambling With America's Future? - The New York Times

You don't have to get to these nightmare scenarios to see all the problems that can be caused by excessive federal debt. All that fiscal ...

Understanding the Nation's Long-Term Fiscal Health

A look at the nation's financial condition and future, and opportunities to improve it ... America's Money Matters--Understanding the Nation's Long-Term Fiscal ...

Financial Report of the United States Government

This Financial Report presents data, including debt, as a percent of GDP to help readers assess whether current fiscal policy is sustainable.

When Does Federal Debt Reach Unsustainable Levels?

current U.S. fiscal policy. Forward-looking financial markets are, therefore, effectively betting that future fiscal policy will provide ...

The Fiscal & Economic Impact of the National Debt

If our long-term fiscal imbalance is not addressed, our future economy will be diminished, with fewer economic opportunities for individuals and families and ...

National Deficit | U.S. Treasury Fiscal Data

In FY 2024 total government spending was $6.75 trillion and total revenue was $4.92 trillion, resulting in a deficit of $1.83 trillion, an increase of $138 ...

Publications & Cost Estimates - Congressional Budget Office

Deficit reductions under the Fiscal Responsibility Act of 2023 reduce projected federal debt in 2033 by about 3 percent, from $46.7 trillion (or 119 percent of ...

The Debt Ceiling Fight Is a Reminder of America's Dire Fiscal Future

Congressional Budget Office projections show that the federal government will accumulate about $114 trillion in deficits over the next 30 years, ...

Why did the budget deficit grow so much in FY 2023? And what ...

The Hutchins Center explains why the U.S. federal deficit grew in fiscal year 2023, and examines what this means for the future debt level.

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.

The U.S. National Debt Dilemma | Council on Foreign Relations

With the U.S. national debt already exceeding $16 trillion, President Trump's tax reform and budget deals with Congress have added to the ...


Tax Policy Colloquium - Fiscal Therapy: Curing America's Debt Addiction and Investing in the Future