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Deficit

Expected Interest Rate Hike Will Add $2 Trillion to the Deficit
News

Expected Interest Rate Hike Will Add $2 Trillion to the Deficit

September 20, 2022September 20, 2022 capitolhilltim

Reputable economists have begun to challenge the old understanding about when and how the government should borrow. Traditionally, during good times like the country enjoyed […]

Congress Agrees To Spend $1.5 Trillion This Year, Continues To Pretend the Deficit Doesn’t Matter
News

Congress Agrees To Spend $1.5 Trillion This Year, Continues To Pretend the Deficit Doesn’t Matter

March 9, 2022March 9, 2022 capitolhilltim

If you have heard it before, please stop me: Congress reached a bipartisan agreement on increasing spending across all levels. On Wednesday, lawmakers unveiled a […]

Congress Agrees To Spend $1.5 Trillion This Year, Continue To Pretend the Deficit Doesn’t Matter
News

Congress Agrees To Spend $1.5 Trillion This Year, Continue To Pretend the Deficit Doesn’t Matter

March 9, 2022March 9, 2022 capitolhilltim

I’m sorry if this is something you already know: Congress came to a bipartisan deal that will allow for an increase in spending. On Wednesday, […]

Without Budget Gimmicks, Biden’s ‘Build Back Better’ Will Add $3 Trillion to the Deficit, CBO Says
News

Without Budget Gimmicks, Biden’s ‘Build Back Better’ Will Add $3 Trillion to the Deficit, CBO Says

December 10, 2021December 10, 2021 capitolhilltim

Joe Biden repeatedly stated that his proposal to “Build back Better” will result in “transformative” change in American society. He increased the size of the […]

Biden’s ‘Build Back Better’ Plan Will Add $367 Billion to the Deficit
News

Biden’s ‘Build Back Better’ Plan Will Add $367 Billion to the Deficit

November 19, 2021November 19, 2021 capitolhilltim

For months, the White House has been promising that President Joe Biden’s massive social spending package would be fully paid for—that is, that tax increases […]

Health Care Provisions of Democratic Spending Bill Would Add More than $500 Billion to the Deficit – Opinion
News

Health Care Provisions of Democratic Spending Bill Would Add More than $500 Billion to the Deficit – Opinion

October 20, 2021 capitolhilltim

The massive Democratic spending package now working its way through Congress is not, strictly speaking, a health care bill. But it’s not not a health […]

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