Yes, the National Debt Matters
Many Democrats and Republicans act like spending isn't an issue. Here's why they're wrong.
Debt
Looming Budget Catastrophe in Pictures So Simple Even Congress Can Understand
Maybe drawings can deter elected officials from their outrageous spending habits where detailed reports have failed to attract their attention.
Biden's $1.5 Trillion Budget Request Would Fund All Nails Needed for the Coffin of Fiscal Restraint
The White House is proposing an 8.4 percent boost in discretionary spending, which comes on top of Biden's $1.9 trillion pandemic relief bill, and his proposed $2.3 trillion American Jobs Plan.
Does National Debt Still Matter? America's Greatest Gamble
Fiscal hawks have been sounding the alarm about rising debt levels for decades, but their nightmare scenario of runaway inflation hasn't come to pass. How do we know if this time is different?
Congress Uses COVID-19 As a Cover for an Epidemic of Fiscal Recklessness
Legislators view the disease as a license to spend like there’s no tomorrow.
Stop Trying To Create a Zero-Risk Society
We will likely grapple with the consequences of ill-advised COVID-19 policies for years to come.
Beware the COVID-19 Debt Hangover
Biden's proposed stimulus spending might give a modest boost, but in the long run it'll slow the economy.
Universal Student Debt Forgiveness Is Regressive, Say Economists
Plus: Uber abandons self-driving autos, on being "both loud and silenced," and more...
Forgiving Student Debt Wouldn't Be a Major Economic Stimulus
Despite Elizabeth Warren's contention that it is the "single most effective economic stimulus that is available through executive action," forgiving student debt is a bad idea.
Neera Tanden, Biden's Pick for Budget Office: Now Is Not the Time To 'Worry About Raising Deficits and Debt'
She once suggested that if Americans care about the deficit so much, maybe we should make Libya pay for it.
Joe Biden's $11 Trillion Plan To Bankrupt America
The president-elect promised record levels of spending and taxes on the campaign trail. Will he succeed?
Biden and Trump Offer Competing Tax Proposals, but Both Ignore Economic Reality
Trump plans to steal less of other people’s cash then Biden does, though neither has any serious suggestions for paying for their spending schemes.
The Next COVID Stimulus Bill Could Cost Trillions of Dollars or Might Not Happen at All
There's a fox, a goose, and a bag of grain. And a hippopotamus in the middle of the river.
Congress Continues to Spend Delusional Amounts of Money
Even without further spending increases, the Congressional Budget Office projects that the national debt will hit 107 percent of GDP in 2023.
America's Debt Will be Twice the Size of the Economy by 2050
The Congressional Budget Office warns that higher levels of debt will slow economic growth significantly in the years ahead.
After the Stimulus Binge, Brace for a Crash
Skyrocketing debt, higher borrowing costs, and a hobbled economy are predicted in the latest Congressional Budget Office report.
Joe Biden's Proposed Budget Would Hike Spending, Raise Taxes, and Further Inflate the National Debt
Biden is proposing about $3 trillion in new taxes, mostly on the rich, to pay for up to $11 trillion in new spending. That's a recipe for even bigger budget deficits.
America's National Debt Will Be Larger Than the Economy Next Year
The Congressional Budget Office says the deficit will hit $3.3 trillion this year. The national debt will exceed the size of America's gross domestic product for the first time since the end of World War II.
Want To Boost Economic Growth? Tell Government To Spend Less
Research suggests reducing spending will boost consumption in the short- and long-run.
Trump's Executive Disorder
The next Democratic president will be all too happy to govern by pen and phone too, say the Reason Roundtable podcasters.
Rand Paul on Republican Plans for Another Coronavirus Stimulus Bill: 'They Simply Don't Care About the Debt'
Congress is currently debating what should be included in the next trillion-dollar (and counting) stimulus bill, but nothing is likely to pass this week.
The Next Pandemic Will Be Caused by the National Debt. It Will Crater the Economy.
Debt held by the public equals about 100 percent of GDP. That's hurting growth and will fuel a major crisis.
The Next Stimulus: Infrastructure Week, Another Rural Broadband Boondoggle, and Maybe a Sports Bailout?
It's obvious that there will be more government spending in response to the coronavirus, but distinguishing the essential from the nice-to-have is more important than ever.
Budget Deficit Now Expected To Near $4 Trillion This Year
And more coronavirus stimulus spending could send that number soaring higher.
Coronavirus Is Going To Be Expensive. Too Bad the Government Is Already in Massive Debt.
Having failed to be fiscally responsible when it would have been relatively easier, our elected officials will now likely hike spending even further.
CPAC Promised To Take on Socialism but Couldn't Even Take on Trump's Spending
There was a deficit of debt talk at the conservative conference.
Trump's Proposed Cuts to Farm Subsidies Don't Go Nearly Deep Enough
Instead of taking a little off the top, Trump needs to give farm subsidies a buzz cut.
The National Debt Is 'Unsustainable' and the Pentagon's Finances Are a Total Mess, Federal Audit Says
"Absent policy changes, the federal government continues to face an unsustainable long-term fiscal path," America's top auditor warns. But is anyone listening?
Despite $4.4 Trillion in Spending Cuts, Trump's Budget Won't Balance Until 2035
And whether it balances at all depends on some creative accounting. Meanwhile, it proposes $2 billion in new spending on the border wall.
Buttigieg Makes the Democratic Case for Cutting Debt
Plus: Josh Hawley's latest terrible idea, sex work divides NOW, Gary Johnson's 2020 endorsement, and more...
Trump Has Fully Embraced the Idea That Deficits Don't Matter
The president likes things big, so that apparently applies to government budgets too.
The 2020s Will Be the Decade of Deficit Doomsday
America will have to pay for its spending spree and its wars.
Poll: Federal Budget Deficit Is a Bigger Problem Than Climate Change, Racism, and Terrorism
The problem, as always, is that voters are likely to say they want Congress to balance the budget, but are less likely to back any specific ideas for doing so.
Even in Impeachment-Crazed D.C., It's Always a Good Time To Borrow and Spend!
Donald Trump, Democrats, and Republicans agree on trillion-dollar deficits for as far as the eye can see.
America's Forgotten Debt
Neither party is serious about reining in spending. This is unsustainable.
Federal Deficit Hit $984 Billion Last Year—a Nearly 50 Percent Increase Since Trump Took Office
In three years in office, Trump has added more to the national debt than President George W. Bush did in his entire two terms.
The Democratic Debates So Far: Nearly 300 Questions, but None About the National Debt
Will tonight be any different or more of the same?
Joe Walsh Isn't Running on the Issues
The conservative radio host says he is running for president because Trump is “erratic" and "cruel." But Walsh has his own history to live down.
Washington's Recent Fiscal Recklessness Will Look Even Worse if America Is Heading Into a Recession
Plus: Fashion versus the police state, a truce in the Kansas-Missouri border war, and more....
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.
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.
Mass Protests Force the Resignation of Puerto Rico's Scandal-Plagued Governor
The island's residents have had enough of a territorial government tainted by corruption and that is seemingly contemptuous of their daily struggles.
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.