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Statement on Bipartisan TRUST Act

Senators Mitt Romney (R-UT) and Joe Manchin (D-WV) and Representatives Mike Gallagher (R-WI) and Ed Case (D-HI) introduced the TRUST Act on Tuesday...

Treasury: 2019 Deficit was $984 Billion

The Treasury Department released final budget numbers for Fiscal Year (FY) 2019 today, showing last year's deficit totaled $984 billion, a $205...

Co-Chairs Daniels, Panetta, & Penny Statement on FY 2019 Deficit

For Immediate Release The Treasury Department released Friday the final deficit total for Fiscal Year 2019, which ended on September 30. Figures...

Introducing the Budget Offsets Bank

The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark this year, and new initiatives are being proposed...

Will Thanksgiving Appropriations Be Stuffed with Debt?

Having just enacted a continuing resolution last week to extend current government funding through November 21, policymakers must now work toward the...

Eugene Steuerle: Multi-Trillion Dollar Fiscal and Monetary Gambles

Dr. Eugene (Gene) Steuerle is an Institute fellow and the Richard B. Fisher chair at the Urban Institute and a member of the Committee for a...

Marjorie Margolies: When will the 2020 presidential candidates be asked about America’s debt?

Marjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. ...

We Updated the Debt Fixer and Released Results Showing Americans Can Fix the Debt

We have updated our popular Debt Fixer interactive budget tool, just as Congress faces another deadline to keep the government funded and avoid a...

Americans Show They Can Make Tough Federal Budget Decisions and Reduce National Debt

The national debt currently is the highest it has been as a share of the economy since just after World War II, and it is rising rapidly. This high...