Debt & Deficits

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Our Top Fiscal Charts of 2019

2019 was a busy year for budget policy, which gave us ample opportunities to conduct substantive policy analysis using charts and tables. This...

Policymakers Added $2.2 Trillion to the Debt in 2019

With Congress finishing up appropriations for Fiscal Year (FY) 2020, including additional provisions that will add $500 billion in debt over the next...
Maya MacGuineas

Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an...
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OECD: U.S. Has the Highest Deficit

The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries...
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Burchett, Case, and Womack Introduce RAFT Act

One way to begin addressing our unsustainable fiscal situation is to set fiscal goals, which could come in the form of debt targets. A new...
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Case and Womack Introduce Sustainable Budget Act

Building on bipartisan momentum for addressing our unsustainable fiscal situation, Representative Ed Case (D-HI) and House Budget Committee Ranking...

Budget Deficit Increases 34% in October

For Immediate Release  The Department of Treasury today announced that the deficit in October was $134 billion – a 34 percent...

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...
Maya MacGuineas
Oct 22, 2019 | Blog Paper Press Release | Taxes

Maya MacGuineas: The Tax Cuts and Jobs Act Made the Debt Worse and Makes Fixing It Even Harder

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote a...
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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...

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