#National Debt

Experts on the federal budget often warn that excessive federal debt could eventually lead to a fiscal crisis. But what would that actually involve, and how could Washington respond to such a crisis? (more…)

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…

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.…

WASHINGTON -- The Congressional Budget Office (CBO) today released new projections confirming that federal deficits and the accumulated debt remain on an unsustainable path -- a problem that The Concord Coalition urges the new administration and Congress to address as quickly as…

An amazing thing happened in Washington recently. With the total national debt about to top $20 trillion and on an unsustainable long-term path, 376 members of the House of Representatives voted for one of two Fiscal Year 2017 budget resolutions…

As of Friday, September 8, the total debt of the United States government topped $20 trillion. That eye-catching number should prompt all of us to reflect on what the growing debt means for future generations (a lot) and whether our elected…

WASHINGTON -- The Concord Coalition expressed disappointment Wednesday night that neither of the candidates in the final presidential debate provided voters with credible and specific proposals for putting the federal debt on a sustainable path. (more…)

The first segment of the first presidential debate between Democrat Hillary Clinton and Republican Donald Trump was dedicated to achieving prosperity. That provided an opportunity for the moderator to ask about -- and the candidates to talk about -- their…