The GOP’s biggest spending challenges in 2018
Republican leaders are poised to add a few trillion dollars to the national debt over the next decade.
Why Republicans who once fought budget debt now embrace it
Over the next decade, the Republican tax plan would add at least $1 trillion to the national debt on top of an additional $10 trillion in deficits over the same period. This borrowing spree would mark a sharp reversal for…
Republicans face Sophie’s choice between lowering debt and cutting taxes
Republicans are facing an internal divide as two central GOP pillars collide: cutting taxes and reining in the federal budget.
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What you need to know about the federal debt ceiling, and why you should care
An agreement between President Trump and Democrats for a three-month extension for the debt ceiling means Congress temporarily ducks a political debate. But the recurring battle will surface again in December. What could happen if we don’t raise the debt…
With the U.S. national debt expanding rapidly over the past decade, the state of the federal budget has come under intense scrutiny. The annual deficit spiked following the 2008 financial crisis, and budget analysts say that without reform government spending…
Economist Todd Buchholz rails against what America has become: a people who want everything but aren’t willing to pay for it. In “The Price of Prosperity,” he suggests that wealthy nations such as the U.S. inflict harm on themselves, even…
It’s four months until Election Day, and neither of the presumptive nominees of the two major parties has a plan to reverse the growth of our record-high national debt.
House Republicans revealed their 2016 budget plan, pushing for deep cuts to lower the deficit, while preserving defense spending. What are the political calculations behind the proposal? Political editor Lisa Desjardins joins Gwen Ifill for a look at the priorities…
Budget cuts and increased revenue have again cut the federal deficit. But the Congressional Budget Office forecasts that under current policy (including the sequester/budget cuts) the deficit will start to rise again in 2018.
