Trump, on a Future Debt Crisis: 'Yeah, But I Won't Be Here'
He's probably not wrong.
Deficits
Trump Isn't Serious About Balancing the Budget
As long as Medicare, Social Security, and the Pentagon can't be touched, it's hard to believe the president has discovered his inner fiscal hawk.
The National Debt Is Coming Due, Just Like We Told You
By 2020, interest on the debt will cost more than Medicaid. By 2025, it will cost more than defense spending. And that's just the start.
We Are So Unprepared for the Coming Budgepocalypse: Podcast
You have come to the right place for CBO death porn.
A National Debt 6 Times the Size of the Economy? That's Where America is Heading.
At this rate we'll get there before the end of the century.
When the Bubble Bursts, We're So Screwed
All we have to show for 9 years of economic expansion is record amounts of debt, and all long-term fiscal problems ignored.
'We've Never Had Deficits Like This During Peace and Prosperity Before'
Brian Riedl has a plan to stabilize the national debt at 95 percent of GDP. He says trying it might be political suicide, but the alternative is much worse.
It's Official: 2018 Federal Deficit Largest Since 2012
The federal government spent $790 billion more than it taxed during fiscal year 2018. The deficit is about to get worse. Much worse.
Federal Student Loan Forgiveness Programs Are Useless. A Juvie Teacher's Story Shows Why.
"We consistently allow the government to develop…programs like this that sound really great on paper but have no practical benefit," Keith Bradford says.
Thanks to Rising Debt, Republican Tax Policy Is Now Anti-Growth
In the long term, deficit-financed tax cuts would be a drag on the economy.
Here's What Congress Was Doing While You Were Watching the Kavanaugh Circus
The passage of tax reform 2.0 blows a huge hole in the budget, and a much-touted opioid bill might just make the crisis worse.
Trillion-Dollar Deficits Are Nearly Here. Thanks, Republicans!
At nearly every opportunity, the GOP has made the nation's fiscal outlook worse.
The Brett Kavanaugh Sex Assault Controversy Will Only Get Worse: Podcast
Reason's editors debate whether a single-source allegation from 35 years ago should be enough to derail a Supreme Court pick.
Trump Has Always Been the 'King of Debt,' but Now He's Sticking Taxpayers With the Tab
Trump planned to borrow heavily to fund his still unreleased infrastructure plan, even while the Republicans in Congress were making the deficit worse.
Who Killed the Deficit Hawks? You and Me, but Especially Paul Ryan.
Calls to shrink the size, scope, and spending of government, or even balance its budget, have gone the way of the dodo bird. That's kind of a problem.
Congress Just Passed a $150 Billion Spending Package Without Any Consideration for Looming Trillion-Dollar Deficit
Just days after the latest CBO projections showed the deficit getting worse, Congress signs off on another bi-partisan spending increase.
#MAGA: Federal Deficit Jumps 32 Percent, Hits $895 Billion for Fiscal 2018!
The economy might be humming but when are we going to have to, you know, pay for the party already?
GOP's 'Tax Reform 2.0' Will Make It Harder to Balance the Budget
Plan would extend last year's tax cuts past 2025, but spending cuts are still missing.
Senate Budget Votes Are a Sign of the Trump Era's Other Legacy
One of the most lasting consequences of the Trump years will be Republicans' complete abdication of fiscal responsibility.
Extending Last Year's Tax Cuts Without Massive Spending Reductions Would Be a Fiscal Disaster
New CBO analysis shows debt could exceed 200 percent (!!!) of GDP by mid-century without changes.
House Republicans Want Permanent Tax Cuts They Can't Pay For
GOP legislators released their "Tax Reform 2.0" proposal, which aims to make last year's tax cuts permanent, adding trillions to the $21 trillion debt.
More and More of What We Do Depends on Government Permission
The granting or withholding of that approval is a powerful lever over our lives.
Larry Kudlow Is Bad. So Is Alexandria Ocasio-Cortez. Chartreuse Is Good: Podcast
The Reason Podcast crew covers deficits, tariffs, Russians, gender, and more.
Top White House Adviser Wrong About the Deficit, According to White House Report
Trump adviser Larry Kudlow says the tax law will bring the deficit down. An administration report shows that's not right.
Here's What You Could Buy With June's Federal Budget Deficit
Of course, June's deficit represents just a small fraction of our overall national debt.
The Debt Clock Keeps Spinning
Federal debt now equals 78 percent of gross domestic product.
Could Puerto Rico Be the Solution to Our Latest Immigration Fight?
The island's population has fallen dramatically even as Spanish speakers from other nations are desperate for a new home.
CBO: National Debt Projected to Surpass 150 Percent of GDP in Next 30 Years
Entitlement spending, health care costs, and the GOP tax legislation will drive up the debt.
Congressional Republicans Say They Just Cut $15 Billion in Spending. It's Actually Only $1.1 Billion.
President Donald Trump's rescission bill actually cuts just $57 million from current year spending. So that oughta solve the fiscal crisis.
Social Security Will Be Insolvent In 16 Years. Maybe Congress Should Do Something About That.
Medicare will run dry even sooner. Do you trust anyone in Washington to solve this problem?
Trump's Budget Only Reduces the Deficit If You Accept Some Very Unlikely Assumptions
The really scary thing is that even the CBO's more accurate assessment is also based on unlikely assumptions.
Rejecting Rand Paul's Budget, Republicans Commit to Fiscal Irresponsibility
Even the suggestion that defense spending could be cut is enough to scare most Republicans away from a facing fiscal reality.
Rand Paul's Plan to Balance the Budget by 2023 Will Get a Senate Vote This Week
Do Republicans have the guts to impose strict spending caps?
Americans Have a Dangerous Deficit in Trade Understanding
It doesn't matter if those to whom you sell goods or labor are not the same as those from whom you buy these things. The same goes for America.
Today's 'Balanced Budget Amendment' Is a Month Late and $1 Trillion Short
Thursday's vote is an empty gesture. Worse, it's a hypocritical one.
Are Trillion-Dollar Deficits the New Norm?
It's time to wise up and start curtailing America's mounting debt.
Republicans Have Finally Been Revealed as the Party of Fiscal Ruin
As Paul Ryan exits, a new CBO report confirms the extent of the GOP's damage to the nation's budget.
Your Friday Cliffhanger: Will Trump Sign or Veto the Omnibus? (UPDATE: Trump Signs)
The president wants his border wall funding.
The New Omnibus Is Terrible Because Congress Is Broken
The spending bill is a product of a broken, secretive, centralized legislative process.
Congress Is Still Ignoring Its Spending Problem as Deadline Looms for $1.3 Trillion Spending Bill
Four out of five voters agree that Washington has a spending problem, but a new omnibus spending bill will add yet more to the national debt.
Rand Paul, on Trump: 'I Think He Will Sign Audit the Fed if We Can Get it to Him'
Given the state of the modern GOP, that's a very big "if." But the senator is trying for a vote again this week.
The Federal Government's Finances Are a Total Wreck
And the biggest liabilities don't even appear on the official balance sheet.
Trump's New Budget Plan Proves He Won't Even Pretend to Care About the Debt
The era of big government is far from over.
Trump's New Budget Plan Is a Fiscal Disaster
The administration's spending blueprint continues the fiscal decline that began during the Bush era.
The Tea Party Is Officially Dead. It Was Killed by Partisan Politics.
I helped make the grassroots activist movement a reality. But now the party's over.
How GOP Fiscal Sanity Died, in 7 Easy Steps
Here are the moments when Republicans, including professed deficit hawks, snuffed out the 2009-2014 flicker of budgetary sanity
