#National Debt

The Congressional Budget Office has released its annual Budget and Economic Outlook, filled with statistics that underscore the need for both Democrats and Republicans to offer more realistic proposals to put the country on a responsible fiscal path.The official projections…

Although older Americans often talk about wanting a bright future for their children and grandchildren, irresponsible fiscal policies continue to dim that future year after year. High government debt and unsustainable benefit programs threaten to burden tomorrow’s citizens with extremely…

A recent Congressional Budget Office report warns that interest payments on the national debt could swell to unprecedented levels unless lawmakers act to curb the growing imbalance between revenues and spending.Although total interest costs will depend on a variety of…

With the ink barely dry on a $858 billion tax cut and emergency spending bill, lawmakers were hit with an official reminder last week that steps to rein in the nation’s growing debt cannot be postponed much longer.According to the…

Deficit hawks have long warned that unnecessary delays in deficit reduction carry risks and high costs that will only make the job harder down the road. A new study by the Congressional Budget Office (CBO) underscores that point. It analyzes…

By now we've seen a number of proposals for fiscal sustainability from groups with very different perspectives. (more…)

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…