Debt and Deficit, Then and Now

Many posts have discussed the deficit and the debt.  Policymakers and the general public have tended to ignore these problems in recent years, In 1994, President Clinton named Bob Kerrey and John Danforth to lead a bipartisan commission on entitlements and tax...

Deficits and Debt After the Rescue

From the Committee for a Responsible Federal Budget:   Now that the American Rescue Plan Act has been signed into law, the federal deficit is on course to exceed $3 trillion this year, with debt reaching a new record as a share of the economy.   In February,...

Fiscal Debt, Idea Deficit

Jonathan Bydlak at LegBranch.org: [As] we come out of the economic and public health hellscape of the last year, the potential for a new crisis is beginning to rear its ugly head. The haunting fiscal picture that the coronavirus has left in its wake was summarized in...

Inflation

Many posts have discussed the deficit and the debt.  Policymakers and the general public have tended to ignore these problems in recent years, in part because of low inflation and interest rates. We have not had a double-digit annual increase in the consumer price...