By Bryce Covert on February 28, 2014
The federal budget deficit is now the smallest since 2008.
By Harry Stein, Guest Blogger on February 4, 2014
New data shows the deficit falling over the next few years, removing Congress's excuse for inaction on the economy.
By Alan Pyke on January 14, 2014
The government brought in $53 billion more than it spent in December, a record surplus that reflects years of harmful post-recession austerity.
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By Jeff Spross on November 14, 2013
Out of 103 options the Congressional Budget Office reviewed, a carbon tax was by far the biggest deficit-reducer of them all.
By Bryce Covert on November 4, 2013
Investment in long-term priorities like infrastructure, research, and education has fallen thanks to austerity.
By Igor Volsky on October 31, 2013
The deficit fell below $1 trillion for the first time in five years.
By Igor Volsky on October 8, 2013
The new working group is barred from considering new revenues in devising ways to reduce the deficit.
By Aviva Shen on October 2, 2013
Adding to the shutdown's economic damage, analysts now say the Congressional impasse could hurt deficit reduction, too.
By Bryce Covert on September 19, 2013
Another signal that austerity has proven to be the wrong course for the European Union.
By Alan Pyke on September 13, 2013
Will Congress notice?