by jpitney | May 14, 2022 | Budget, Debt
From CBO: The federal budget deficit was $360 billion in the first seven months of fiscal year 2022 (that is, from October 2021 through April 2022), the Congressional Budget Office estimates. That amount is about one-fifth of the $1.9 trillion shortfall recorded...
by jpitney | Aug 2, 2021 | Debt, Economic Policy
From the Congressional Budget Office: CBO projects a federal budget deficit of $3.0 trillion in 2021 as the economic disruption caused by the 2020–2021 coronavirus pandemic and the legislation enacted in response continue to boost the deficit (which was large by...
by jpitney | Jun 22, 2021 | Bipartisanship, Budget, Debt
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...
by jpitney | Mar 11, 2021 | Debt, Economic Policy
No Labels at RealClearPolicy:
by jpitney | Mar 2, 2021 | Congress, Debt, Economic Policy
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...
