The national debt will hit 140 percent of GDP before the end of the 2040s, and that's the optimistic scenario.
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
America will face "serious economic, security, and social challenges" if the national debt keeps growing at this rate.
The feds are $234 billion in the red. Looking for hope? Sen. Mike Enzi has some ideas.
A new record, but one that won't stand for long.
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.
Unless we make some big changes, things won't get much better.
You can't have it both ways.
Ryan presided over three years of growing deficits and laid the groundwork for worse to come.
At this rate we'll get there before the end of the century.
Trump blaming the budget deficit on hurricanes is much the same as those on the left who are trying to pin the blame on last year's corporate tax cuts.
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.
The federal government spent $790 billion more than it taxed during fiscal year 2018. The deficit is about to get worse. Much worse.
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.
The economy might be humming but when are we going to have to, you know, pay for the party already?
The federal government has run up a deficit of $684 billion this year. The CBO predicts that number will exceed $1 trillion in 2019.
One of the most lasting consequences of the Trump years will be Republicans' complete abdication of fiscal responsibility.
New CBO analysis shows debt could exceed 200 percent (!!!) of GDP by mid-century without changes.
Of course, June's deficit represents just a small fraction of our overall national debt.
Larry Kudlow says President Trump's agenda has been reducing federal budget deficits, but CBO estimates say otherwise.
Thursday's vote is an empty gesture. Worse, it's a hypocritical one.
The Congressional Budget Office is about to release a report. Spoiler alert: It won't be pretty.
Thanks to Congress and President Trump, budget deficits will only mushroom.
The new two-year budget deal will result in a $1 trillion deficit.
Celebrities and sitting legislators prefer physical violence to fiscal restraint.
The GOP leadership cheers on a bipartisan spending spree.
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 House-passed continuing resolution died Friday in the Senate, but any deal to keep the government operating will likely do similar damage to the deficit.
After all that fuss from 2009 onward, Rand Paul is the last Republican left objecting to the continued growth of government.
The Kentucky Republican on Bolton, Tillerson, and the fantasy that America can topple governments and replace them with something better.
Trump says he can get $300 billion in cuts from $78 billion in spending. Er, what?
Rahm Emanuel challenger Chuy Garcia is setting progressive hearts aflutter, largely because his economic ideas are terrible