(Photo by Chung Sung-Jun/Getty Images)
Justin Bogie is a senior policy analyst in fiscal affairs at The Heritage Foundation.
August 22, 2019, 11:39 AM EDT
July 24, 2019, 9:52 AM EDT
(Photo by Doug Mills-Pools/Getty Images) Trillion-dollar deficits are back, and they’re here to stay.
July 9, 2019, 4:12 PM EDT
Swiss flag (Photo by Athanasios Gioumpasis/Getty Images)
June 26, 2019, 4:26 PM EDT
(Photo by Chung Sung-Jun/Getty Images) A new government report has given us a glimpse into our nation’s fiscal future, and the outlook is grim. Absent major reforms, America’s debt will only continue to balloon.
May 22, 2019, 10:50 AM EDT
U.S. Capitol building (Photo by Drew Angerer/Getty Images)
March 12, 2019, 4:20 PM EDT
Budget season is officially upon us.
February 14, 2019, 9:32 AM EST
Wow. $22 trillion. Let that huge number sink in. It’s the gross national debt reported Monday by the Treasury Department.
October 18, 2018, 10:58 AM EDT
When recently asked about the soaring national debt, Senate Majority Leader Mitch McConnell, R-Ky., blamed entitlement spending and Congress’ lack of interest in taking up entitlement reform.
October 8, 2018, 8:32 AM EDT
The federal government’s fiscal year 2018 is over. In some ways, it was a banner year: economic growth quickened, average paychecks fattened, and there were more jobs available than there were people looking for work.
September 24, 2018, 9:14 AM EDT
Congress is up to its old tricks again, trying to pass another massive spending bill that uses gimmicks and tricks to push deficit spending even higher. And it thinks it can hoodwink President Donald Trump into signing it.
June 14, 2018, 2:34 PM EDT
In April, the Congressional Budget Office released its updated budget projections, and the outlook is grim.
May 24, 2018, 4:20 PM EDT
In early May, President Donald Trump submitted a rescission request to Congress to roll back more than $15 billion in spending.
April 17, 2018, 4:17 PM EDT
Last month rapper Cardi B asked a slightly more profane version of the same question many Americans ask when they file their taxes.
April 11, 2018, 4:26 PM EDT
If you are looking for some grim reading, try the latest budget and economic outlook for the coming decade from the Congressional Budget Office.
January 12, 2018, 4:41 PM EST
Congress achieved major success in 2017 by passing the first meaningful tax reform in decades, but fell short in other areas of the budget and spending.
October 23, 2017, 8:49 AM EDT
The Senate passed its fiscal year 2018 budget resolution late Thursday night, paving the way for potentially the most comprehensive tax reform package in decades.
September 8, 2017, 9:10 AM EDT
Late Wednesday night, the Senate released the text of legislation that would provide disaster relief funding and other federal aid for Hurricane Harvey and other 2017 disasters, suspend the debt limit, and extend the National Flood Insurance Program and government funding into December.
August 31, 2017, 9:29 AM EDT
As the floodwaters of Hurricane Harvey begin to recede, focus will shift to the costs of cleanup and recovery.
August 16, 2017, 1:58 PM EDT
In the looming shadow of another debt limit debate, Congress should stand firm and demand spending controls before increasing the debt limit again.
May 24, 2017, 9:38 AM EDT
President Donald Trump officially submitted his completed budget to Congress.