We've Already Blown Past Last Year's Federal Budget Deficit
The $866 billion budget gap so far this fiscal year represents a 27 percent increase over the same period last year.
National Debt
Democrats Debate To Determine Who Will Spend Us Into Oblivion
The idea that "deficits don't matter" has been growing among Trump-supporting Republicans. Democrats are preparing to take full advantage.
The Senate Will Vote on a $2.7 Trillion Budget Deal That Adds to the National Debt. The Democrats' Debates Ignored It.
CNN doesn't think Americans deserve to hear potential presidents asked about the national debt.
The House Just Passed a Budget Deal That Will Add $1.7 Trillion to the National Debt
Members of Congress are well aware of the looming threat of the $22 trillion (and growing) national debt, but seem incapable of doing anything except making it worse.
Can the Freedom Caucus Convince Trump to Derail This Awful Budget Deal? If Not, Fiscal Conservatism Is Truly Dead.
The House Freedom Caucus could reverse its trend towards irrelevancy by successfully swaying Trump to turn against the new budget deal.
Possible Budget Deal Will Add $2 Trillion to the National Debt
If President Donald Trump signs the deal into law, he will have authorized a 22 percent increase in federal discretionary spending during his first term in office.
Pelosi Rejects Plan to Cut Spending by Less Than 0.3 Percent
The federal government will spend $57 trillion over the next 10 years and run an $11 trillion deficit. But cutting spending by $150 billion is too much to ask?
Rush Limbaugh Abandons Fiscal Conservatism
The pundit heavily criticized President Obama for excessive spending. Now he says it doesn't matter.
Man, This CBO Report About 'Unprecedented' Debt Levels Is a Bummer
The national debt will hit 140 percent of GDP before the end of the 2040s, and that's the optimistic scenario.
Mick Mulvaney Turns His Back on Fiscal Responsibility
"Show me the majority for cutting spending," he says.
Bipartisan Senate Effort Predictably Kills Rand Paul's Plan to Balance the Federal Budget
Paul's proposal to cut 2 percent from the federal budget for the next five years was predictably opposed by both Democrats and most Republicans
House Freedom Caucus Too Busy Scolding Justin Amash To Care About Today's Bipartisan Budget Apocalypse
What's the point of a "limited government" bloc that doesn't limit government?
GAO: Current Federal Fiscal Situation Is 'Unsustainable'
America will face "serious economic, security, and social challenges" if the national debt keeps growing at this rate.
National Debt Hits a New Record High: $22 Trillion
A new record, but one that won't stand for long.
When it Comes To Debt, Politicians and Academics Are All Like, 'What, Me Worry?'
From OMB head Mick Mulvaney to former Treasury Secretary Larry Summers, nobody cares about spending money we don't have on things we don't need. Big mistake.
What Was Missing From Trump's State of the Union? America's $1 Trillion Deficit
Or the $22 trillion (and counting) national debt. Or the entitlement programs that will continue adding to them.
Increasing Top Tax Brackets Is Easier Than Increasing Revenue Over Time
Proponents of jacking top marginal income tax rates such as AOC ignore how hard it is to actually boost revenue over the long haul.
Most Americans Want Congress to Fix Budget Crisis, Increase Spending. Huh?
You can't have it both ways.
The National Debt Hit $22 Trillion at the End of 2018
Growth alone won't get us out of this mess.
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.
'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.
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.
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.
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.
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?
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.
Your Friday Cliffhanger: Will Trump Sign or Veto the Omnibus? (UPDATE: Trump Signs)
The president wants his border wall funding.
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.
Wait: The Government Is Incompetent, So We Want it To Do *More*?
The feds can't pass a budget or do much very well, yet a record level of Americans want it more involved in our lives. That's not as crazy as it seems.
What About the Debt? Trump's SOTU Ignores a $20 Trillion Time Bomb
If a Republican president can't address a Republican-controlled Congress without paying lip service to the idea of cutting spending, what good are Republicans?
The Trump Tax Plan Is Government as Usual
Despite big promises, it fails in its primary mission: paying for the actual cost of government
Budget Director Mick Mulvaney: 'We Need to Have New Deficits'
The former deficit hawk gets budget-busting religion now that he holds real power.
Why We Need To Shrink the National Debt, And Fast!
Too much debt slows economic growth and reduces living standards.
$20,000,000,000,000 in Debt and Rising
Now that Trump's made a deal with Democrats, our national debt is higher than ever.
Calm People vs. the Apocalypse [Podcast]
Reason editors discuss the debt ceiling, Hurricane Irma, and the 9/11 anniversary.
Trump, Pelosi, and Schumer Are Besties: The Case Against Bad Bipartisanship
The president and congressional Democrats just worked together on a bad debt ceiling and budget deal.
Why Trump's Wall Is Not Going to Happen
Plenty of GOP members would rather put Barack Obama on Mount Rushmore than underwrite this addled project.
Is the Sky the Limit for the Debt Ceiling?
The best place to start would be a cap on all spending or a strict cut-as-you-go system.
The Cost of Carrying Debt
Low interest rates ease the pain of carrying so much debt. But in the long run, somehow, the U.S. will end up paying for it.
5 Things Libertarians Should Be Nervous About in 2017
Say goodbye to 2016. But don't let your guard down.
The US Is Already Broke!: Economist (and Presidential Candidate) Laurence Kotlikoff
Says real national debt is north of $200 trillion and screwing younger Americans from now til Doomsday.
We Were Kidding About Donald Trump Literally Taking the U.S. to Bankruptcy Court, Right?
GOP presumptive nominee discusses renegotiating federal debt, like struggling economies do.
