Today the federal debt limit will be reset at a level equal to the outstanding federal debt (roughly $19.8 trillion). The debt limit, which caps the government’s total borrowing authority, has been suspended since November of 2015. Because the federal…
Last week, the Congressional Budget Office published a blog exploring the role of fiscal policy in improving economic productivity. The subject is particularly interesting given how frequently politicians propose to pay for their agendas, be they tax cuts or spending increases, with…
WASHINGTON -- The Concord Coalition expressed concern tonight that President Trump’s speech to a joint session of Congress failed to discuss in any detail how his administration planned to meet the nation’s key fiscal challenges or finance his new proposals.…
In an interview on Fox News last week, President Trump said that he would like to have a balanced budget “eventually,” but not at the expense of higher spending for the military. “So a balanced budget is fine,” Trump said.…
