Deficits and the Federal Debt

by | Jul 3, 2023 | Budget, Debt, Uncategorized

 From CBO: Each year, the Congressional Budget Office publishes a report presenting its projections of what the federal budget and the economy would look like over the next 30 years if current laws generally remained unchanged. The long-term budget projections...

Deficits and Debt After the Rescue

by | Mar 14, 2021 | Debt, Economic Policy

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,...