This month saw warnings from three official sources regarding the long-term financial condition of the country.
The new budget numbers predict that the federal budget deficit will hit the $1 trillion mark by 2023 -- a year earlier than expected last year. National debt held by the public will grow from 77 percent today to 89 percent in 2027 -- that is more than twice the 50-year debt average of less than 40 percent.
You may have heard that Congress passed a budget that sets in motion repeal of the Affordable Care Act, also known as Obamacare. Here are the key facts.
Happy New Year! A new year, Congress, and presidential administration mean it’s a good time for some New Year’s resolutions to move us in a new direction. We have some ideas when it comes to the federal budget and national debt based on the resolutions many of us are making now.
Our partners at the Committee for a Responsible Federal Budget released a new report estimating the cost of fully repealing the Affordable Care Act, showing it would cost money and leave little available for a replacement plan. Newsy then made a handy video explaining the report's key points.