The National Debt Is Making Us Poorer The average American will lose between $5,000 and $14,000 annually by 2054 due to the burden of the growing national debt. Reason · Jun 5, 2024
The Congressional Budget Office's Alternative Scenarios Forecast a Dire Economic Picture Why aren't politicians on both sides more worried than they seem to be? Reason · May 30, 2024
What Are The Costs Behind Trump's Economic Proposals? Republican former president Donald Trump once dubbed himself a "Tariff Man" seeking to boost government coffers. International Business Times · May 23, 2024
Vilsack says House proposal threatens farm bill coalition - Roll Call Agriculture Secretary Vilsack says the House treatment of food stamp benefits threatens to crack the coalition needed to pass a farm bill. Roll Call · May 22, 2024
How Immigration is Helping Boost the Labor Market Without Overheating it and Stoking Inflation Increased immigration can boost the breakeven rate of the so called neutral payrolls growth. What this means Latin Times · Apr 8, 2024
Latino Unemployment Rate Drops With Another Blowout Report that Exceeds Expectations Concretely, the rate decreased to 4.5%, a little over the general one, at 3.8% Latin Times · Apr 6, 2024
The National Debt Is a National Security Issue The growing debt will "slow economic growth, drive up interest payments," and "heighten the risk of a fiscal crisis," the CBO warns. Reason · Mar 21, 2024
CBO Projects Improved Debt Outlook Due To Immigration And Spending Agreements CBO's report projects improved debt trajectory due to factors like immigration and spending agreements, emphasizing the critical role of immigration and fi... Top News · Mar 20, 2024
Lawmakers push changes to CBO scoring for preventive health - Roll Call Bill would make it easier for CBO to score preventive health measures over a longer period of time - up to 30 years. Roll Call · Feb 29, 2024
Brian Riedl: Who Bankrupted Us More—Trump or Biden? "I'm concerned about a Trump-Biden rematch," argues Riedl. "You have two presidents with two of the worst fiscal records of the past 100 years." Reason · Feb 28, 2024
Democrats, unions ramp up pressure against fiscal commission - Roll Call A proposed fiscal commission to fast-track deficit reduction measures, already under attack from the right, also faces a stepped-up assault from the left. Roll Call · Feb 15, 2024
Lower cost-of-living raises for older adults expected due to slowing inflation Latest News in Business, Lower cost-of-living raises for older adults expected due to slowing inflation 13 Feb,2024 TOP News Top News · Feb 13, 2024
Immigration Could Reduce the Deficit by at Least $1 Trillion Over the Next Ten Years But the Congressional Budget Office projection assumes we will not cut immigration levels, as is likely to happen if Trump returns to power. Reason · Feb 11, 2024
Surging Immigration Will Reduce Deficits by $1 Trillion New Congressional Budget Office data shows how higher-than-expected immigration is a win for the economy and the federal budget. Reason · Feb 8, 2024
Reason · Feb 8, 2024 Federal Government Will Borrow Another $20 Trillion in the Next Decade Three things to know about the new Congressional Budget Office report on the growing federal deficit.
Reason · Feb 2, 2024 How Increasing Immigration Can Reduce the Deficit And why the Congressional Budget Office does a poor job of making those estimates.
Reason · Feb 1, 2024 Politicians Need To Stop Pretending the National Debt Is Sustainable The reality raises questions about the kind of future we want to leave for the next generation.
Reason · Jan 18, 2024 Interest Rates Are High. GOP Presidential Candidates Need To Get Serious About It. They will either reduce the ability to spend money or to cut taxes.
Reason · Jan 13, 2024 The Fiscal Hawks Were Right About Debt and Interest Rates Rosy fiscal expectations based on eternally low interest rates have proven dangerously wrong.
Evening Standard · Jan 11, 2024 TikTok prankster Mizzy: I was wild and reckless, now I want to change Mizzy, real name Bacari-Bronze O’Garro, gives his first interview since being released from prison
Reason · Jan 3, 2024 America Has Borrowed $1 Trillion Since the Start of Football Season The federal government is borrowing money at a mind-spinning rate, and you can't blame it on the COVID-19 pandemic anymore.
Top News · Dec 15, 2023 CBO Forecasts 1.5% GDP Boost, 4.4% Unemployment for US 2024 Take a whimsical trip into the future of the U.S. economy! CBO predicts a dance of numbers - 1.5% GDP growth and 4.4% jobless rate by 2024.
The Independent UK · Dec 15, 2023 Congressional Budget Office projects lower inflation and higher unemployment into 2025 The Congressional Budget Office says it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years
Reason · Nov 29, 2023 Congress Is Trying To Avoid Taking Responsibility for the Debt Crisis It Created A fiscal commission might be a good idea, but it's also the ultimate expression of Congress' irresponsibility.
Roll Call · Nov 21, 2023 Backstop in debt limit law flips script on spending endgame - Roll Call Budget scorekeepers flip the previous debt limit plan. Spending cuts now would disproportionately hit nondefense programs.