My least favorite argument in deficit reduction debates is that a particular option can’t be chosen because it is too unpopular. If that criterion is strictly applied, we might as well fold our tents and wait for the inevitable fiscal crisis…
While the nation’s fiscal and environmental challenges are often viewed separately, they share several similarities. Ross Gittell, a University of New Hampshire professor, and Robert L. Bixby, executive director of The Concord Coalition, wrote in a recent op-ed that in…
The Government Accountability Office has issued a new analysis of the long-term fiscal outlook. Under a scenario with realistic assumptions about revenues and spending, GAO projected that by 2020, debt held by the public as a share of GDP would…
Congress has established the maximum amount of debt the government can issue. Unless it is raised, this statutory debt limit of $14.294 trillion will soon be exceeded. At the end of October, debt subject to this limit was just $677…
