U.S. deficit projected to hit $2 trillion, double fiscal target

The federal government is projected to post a $2 trillion deficit in fiscal year 2026, double the 3% of GDP target that has ...
Committee for a Responsible Federal BudgetOpinion

The Case for a 3% of GDP Deficit Target

As the debt approaches record levels as a share of the economy, the United States government continues to run the highest ...
AOL

CBO: Federal deficits and debt to worsen over next decade

WASHINGTON (AP) — The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social ...

Pausing federal gas tax would bring little relief to gas prices, experts say

As the White House and Congress mull suspending the federal gas tax, analysts suggest it would be bad for the budget and not ...
Pew Research Center

Americans See Health Care Costs, Deficit, Inflation as Big Problems Facing the Nation

Issues like money in politics and Republicans’ and Democrats’ ability to work together are also seen as very big problems ...
Washington Examiner

On the federal deficit, picking the low-hanging fruit won’t be enough

If you look closely, you can see some progress on cutting federal spending. At least that’s the conclusion of the respected Kim Strassel, writing recently in the Wall Street Journal before the ...