Understanding the Federal Debt Limit
Congress voted in November 2015 to again suspend the federal debt limit.
Chase Hagaman, New England regional director for The Concord Coalition, joined the hosts of the podcast “Granite (In)sanity” on Aug. 18.
A new report, released shortly before Monday’s Iowa caucuses, says that while all of the 2016 presidential candidates in both parties acknowledge that the rapidly growing national debt is
On the campaign trail, voters are hearing promises of big tax cuts from the Republican presidential candidates and of big spending increases from the Democrats.
Meanwhile, back in Washington last week, the nonpartisan Congressional Budget Office (CBO) released a new set of projections for the next 10 years that casts serious doubt on how realistic (or responsible) those campaign promises are.
According to CBO's projections, here are some sobering fiscal facts that will confront the next president: