Treasury Data Shows Other Countries Not Buying Additional Debt
Total foreign holdings of United States debt held steady during the month of April despite the massive increase in government borrowing...
Debt & Deficits
Representative Rouda Introduces Fiscal Responsibility & Long-Term Economic Security Act
While short-term borrowing and large deficits are necessary to fight the COVID-19 public health and economic crisis, policymakers will...
Correcting the Record on the Enzi-Whitehouse Budget Reforms
Prior to the COVID-19 public health and economic crisis, the Senate Budget Committee approved the Bipartisan Congressional Budget Reform Act....
Debunking Debt Myths in the COVID Economy
Federal debt held by the public is slated to grow by roughly $4 trillion in fiscal year 2020 and exceed the size of the economy by year’s end.
The Committee for a Responsible Federal Budget Hails Responsible Economic Leadership
A bipartisan group of 60 members of Congress – led by Reps. Scott Peters (D-CA) and Jodey Arrington (R-TX) – issued a letter today supporting...
Eugene Steuerle: This is not your grandfather's debt problem
Now that the covid-19 crisis has produced predictions that we soon will reach a debt-to-GDP ratio previously seen only once before — during...
Maya MacGuineas Joins Fox Business to Discuss Federal Debt Projections
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Mornings with Maria on Fox Business.
Is the Fed Buying Our New Debt?
So far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination...
Treasury Will Borrow $3 Trillion in Just Three Months
The Department of the Treasury yesterday estimated that the second quarter of 2020 will see a record-breaking $3 trillion in borrowing, as the...
Maya MacGuineas Joins C-SPAN to Discuss Coronavirus and Federal Debt
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on C-SPAN's Washington Journal.