There's No Such Thing as 'Free Money' or Meaningless Deficits
As debt soars, federal payments to service the debt will crowd out the government's core spending responsibilities.
Budget Deficit
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.
Once Again, Uncle Sam Shirks Fiscal Responsibility in Budget Deal
Trump's 2018 commitment that he would never sign a massive spending deal ever again was fake news.
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.
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
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.
February's Budget Deficit Was the Largest in American History
The feds are $234 billion in the red. Looking for hope? Sen. Mike Enzi has some ideas.
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.
CBO: Budget Deficit Numbers Are Better Than Expected, but We're Still Screwed
Unless we make some big changes, things won't get much better.
Most Americans Want Congress to Fix Budget Crisis, Increase Spending. Huh?
You can't have it both ways.
Paul Ryan Is Kinda Sorry He Was a Total Failure at Balancing the Budget
Ryan presided over three years of growing deficits and laid the groundwork for worse to come.
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.
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.
Trump Blames Hurricanes for Growing Budget Deficit. Entitlements Are the Real Problem.
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.
'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.
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.
#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?
Trump Remembers Budget Deficit, Announces Federal Pay Freeze
The federal government has run up a deficit of $684 billion this year. The CBO predicts that number will exceed $1 trillion in 2019.
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.
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.
Larry Kudlow Says Deficits Are 'Coming Down Rapidly.' He's Wrong.
Larry Kudlow says President Trump's agenda has been reducing federal budget deficits, but CBO estimates say otherwise.
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.
Trillion-Dollar Deficits Are Back and Here to Stay
The Congressional Budget Office is about to release a report. Spoiler alert: It won't be pretty.
The Spending Bill Brings Us Closer to National Bankruptcy
Thanks to Congress and President Trump, budget deficits will only mushroom.
In Memoriam: The GOP Pretending to Care About Fiscal Restraint
The new two-year budget deal will result in a $1 trillion deficit.
Rep. Charlie Dent, Bette Midler Stand in Solidarity with Rand Paul's Violent Neighbor
Celebrities and sitting legislators prefer physical violence to fiscal restraint.
The Senate Budget Deal Proves Republicans Love Government Spending
The GOP leadership cheers on a bipartisan spending spree.
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?
Avoiding a Government Shutdown Means Adding $30 Billion (at Least) to the Debt
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.
The Trump Tax Plan Is Government as Usual
Despite big promises, it fails in its primary mission: paying for the actual cost of government
Republicans Officially Give Up Trying to Cut Spending
After all that fuss from 2009 onward, Rand Paul is the last Republican left objecting to the continued growth of government.
Here Are the Cuts to Make Tax Reform Work
The problem that has long plagued reformers in the two controlling parties is the failure to put a stop to spending.
The Coming Federal Fiscal Binge
Ready for another round of tax cuts combined with spending increases?
Donald Trump's Fantasy World (Reason Podcast)
Nick Gillespie, Katherine Mangu-Ward, and Matt Welch talk deficits, Chuck Berry, Gorsuch, and the Bezos bot.
Runaway Deficits Forever
Is anybody actually interested in balancing the federal budget?
Did Trump Absorb Any Libertarian Lessons on Foreign Policy? Q&A With Sen. Rand Paul
The Kentucky Republican on Bolton, Tillerson, and the fantasy that America can topple governments and replace them with something better.
Whatever Happened to a Balanced Budget?
Deficits aren't in the trillion dollar range anymore so that's supposed to be good.
Donald Trump's Deficit Reduction Numbers Are Total Nonsense
Trump says he can get $300 billion in cuts from $78 billion in spending. Er, what?
Here Come Big Budget Deficits!
Thanks to more spending, annual deficits will grow faster than expected.
