by Bryce Covert Posted on January 6, 2015 Updated: January 6, 2015
If a vote to use "dynamic scoring" passes, it could pave the way for big tax cuts that don't have to be paid for.
by Bryce Covert Posted on April 14, 2014
The deficit continued to fall in the first part of 2014, continuing last year's steep decline.
by Bryce Covert Posted on February 28, 2014
The federal budget deficit is now the smallest since 2008.
by Posted on February 4, 2014 Updated: 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 Posted 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.
by Jeff Spross Posted on November 14, 2013 Updated: November 15, 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 Posted on November 4, 2013
Investment in long-term priorities like infrastructure, research, and education has fallen thanks to austerity.
by Igor Volsky Posted on October 31, 2013
The deficit fell below $1 trillion for the first time in five years.
by Igor Volsky Posted on October 8, 2013
The new working group is barred from considering new revenues in devising ways to reduce the deficit.
by Aviva Shen Posted on October 2, 2013
Adding to the shutdown's economic damage, analysts now say the Congressional impasse could hurt deficit reduction, too.