National Debt

Issue Brief

Biggest COLA Since 1982 (Just Barely)

Earlier this week the Social Security Administration (SSA) announced the annual cost-of-living adjustment (COLA) for next year (2022) would be 5.9 percent.  That’s slightly more than the

Blog Post

A Compromise of Convenience - Not a Cure

October 07, 2021

With pressure mounting to avoid a default on federal government obligations, Senate leaders Republican Mitch McConnell and Democrat Chuck Schumer, agreed to a temporary compromise: Republ

Blog Post

Brinkmanship Isn't Leadership

September 23, 2021

For several months, Republicans and Democrats in Washington, DC have been barreling towards each other on a collision course over a pair of looming fiscal deadlines.

Blog Post

The Arrhythmia of Federal Finances

September 22, 2021

This week on Facing the Future, Tori Gorman and I discussed balance sheets, risk, and the “arrhythmia of finance'' with Peter Fisher, Senior Fellow at the Center for Business, Government

Blog Post

Debt Limit DEFCON 2

September 10, 2021

The United States Armed Forces uses an alert system called the “defense readiness condition” (DEFCON) to describe different levels of readiness, or states of alert, for military personnel

Blog Post

Big Budget Challenges Loom in September

September 03, 2021

This week on Facing the Future our guest was Austin Smythe who has over 30 years of experience working in both the legislative and executive branches of the Federal government.