WASHINGTON DC (February 5, 2020) — President Trump delivered his third State of the Union Address last night.

WASHINGTON DC (January 28, 2020) — The Congressional Budget Office (CBO) released its January 2020 Budget and Economic Outlook, projecting the return of trillion-dollar deficits as well as high and rising debt and deficits over the next decade and beyond. CBO’s report shows:

WASHINGTON DC (January 28, 2020) — The Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade, which warned that the national debt is headed to uncharted waters. Under current law, CBO projects debt will rise from 80 percent of the economy today to 98 percent by 2030 and 180 percent by 2050.

WASHINGTON DC (January 24, 2020) — Health-care is the single largest part of the federal budget and a key driver of our unsustainably rising national debt.1 Rising health care costs also place growing burdens on households and businesses and — along with a significant uninsured rate — have prompted those seeking higher office to propose bold solutions with significant fiscal implications.

Democratic presidential candidate and former Vice President Joe Biden has proposed his Plan for Educators, Students, and our Future focused on preschool and K-12 education.

WASHINGTON DC (January 10, 2020) — Last summer, we estimated that since his inauguration in January of 2017, President Trump had signed legislation into law that will ultimately add $4.1 trillion to the national debt from 2017 to 2029.

Most New Years resolutions are not honored for very long, but here is one that would be good for our lawmakers on both sides of the aisle to stick to: Stop short-changing the future because of an unwillingness to make responsible fiscal choices. The past few years have been an abomination when it comes to responsible federal budgeting. Let us review this here.

2019 was a busy year for budget policy, which gave us ample opportunities to conduct substantive policy analysis using charts and tables. This year, we published over 220 papers, blog posts, and other products. As we get ready to pop the champagne and ring in the new year (and decade), here are our top charts of 2019. 

When it comes to fiscal policy, the 2010s have been quite a rollercoaster. Below, we’ve identified a few major budgetary trends and patterns of the last decade.

WASHINGTON DC (December 24, 2019) — As lawmakers quickly approach the December 21 deadline for government funding, they are eyeing a deal to cut taxes and add $500 billion to the debt over the next decade.

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