The Debt
  • Leading Economist Says Government Debt Might Not Be So Bad After All

    By Michael Rainey

    Renowned macroeconomist Olivier Blanchard says that policymakers may need to fundamentally revise their views on the long-term cost of government debt. Delivering the presidential address at last...

  • Why the Next Fiscal Fight Could Be Much More Dangerous

    By Michael Rainey

    The partial government shutdown has had a limited impact so far, but the dysfunction currently on display in Washington doesn’t bode well for another fiscal fight on the horizon, says Chris Krueger...

  • District of Columbia

    CBO Offers 121 Ways to Shrink the Deficit

    By The Fiscal Times Staff

    The Congressional Budget Office has released a 326-page guide that describes dozens of ways the federal government could reduce its large and growing budget deficit. The 121 policy options included...

  • Moody’s Warns of Declining US Fiscal Strength

    By The Fiscal Times Staff

    Trump’s tax cuts combined with a slowing economy will diminish the United States’ “fiscal strength” over the next 10 years, Moody’s Investor Service said Wednesday. The gradual decline could pressure...

  • Trump holds a discussion about school shootings with state governors from around the country at the White House in Washington

    Trump Says National Debt Is Not His Problem: Report

    By Michael Rainey and Yuval Rosenberg

    As a candidate, Donald Trump said he could eliminate the national debt in eight years, largely by focusing on better trade deals. But in office, Trump has presided over a considerable increase in red...

  • 42. District of Columbia

    Deficit Soaring in 2018

    By The Fiscal Times Staff

    The federal deficit was 32 percent larger in the first 11 months of fiscal year 2018 than it was during the same time period in 2017, the Congressional Budget Office announced Monday. The deficit...

  • The Cost of War Since 9/11

    By Michael Rainey

    The wars in Afghanistan, Iraq and Syria have cost the U.S. more than $1.5 trillion, according to Department of Defense data reported by CNCB Monday. The Pentagon report covers war-related operational...

  • Brady Ryan GOP Tax Plan

    Tax Cuts 2.0: What’s in the GOP Plan and Why It Matters

    With an eye toward November’s midterm elections, House Republicans on Monday unveiled legislation to make permanent the individual tax cuts and pass-through business deductions that were set to...

  • Trump speaks with Mexican President Enrique Pena Nieto about NAFTA  at the White House in Washington

    Trump Wanted Higher Taxes on the Rich – and to Print Lots of Money: Woodward

    By Michael Rainey

    Bob Woodward’s book on the Trump administration, “Fear: Trump in the White House,” hits bookstores Tuesday but has been making headlines for about a week as details leak out. According to a review of...

  • Former U.S. President Barack Obama speaks at the University of Illinois Urbana-Champaign

    Obama: 'Suddenly Deficits Do Not Matter'

    Former President Barack Obama stepped back into the political fray on Friday, delivering a blistering rebuke of President Trump and the Republican Party while signaling how he plans to campaign on...

The Debt Directory

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