Things are hot and heavy in Washington in the middle of summer with lots of action on issues affecting the budget and debt. The forecast calls for deficits and debt to rise considerably but the outlook for producing next year’s budget remains unclear. Here’s your fix for the latest developments on the federal budget and national debt.
The nonpartisan Congressional Budget Office (CBO) last week warned yet again that the United States faces rising budget deficits and national debt that will endanger the country and Americans’ pocketbooks. As politicians bicker over a budget, you have a chance to show how you would solve the problem.
President Trump will unveil an outline of his first budget next week. Help us encourage him to address the national debt in it.
High and rising national debt is getting increased scrutiny. Here’s why you should be paying attention.
The gross national debt is nearing $20 trillion and debt held by the public is already at the highest level as a share of the economy other than the World War II era. It’s time for our leaders to make fixing the debt a priority. You can help by writing your Members of Congress and urging action. We make it easy with our tool.
National Debt and You