federal deficit

Why Federal Debt Is Damaging

The U.S. Treasury reports that the federal budget deficit was $779 billion in fiscal 2018.

Budget Projections Show We’re Headed to Poorhouse

New projections show a grim fiscal future and crushing debt burdens on young Americans.

CBO Report: Spending Blasts Off

If Congress makes no reforms, federal spending is expected to rise from $4.14 trillion this year to $7.05 trillion by 2028.

What Do Reagan, Obama, and Trump Have in Common?

Before President Trump and Republicans cut taxes in December, the federal budget deficit was projected to be $689 billion in 2019 and rising to $1 trillion by 2022.
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