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Posts on Long Term Fiscal Challenges
September 6, 2017

Spending and revenues will have to grow significantly as a share of the economy in coming years just to enable the federal government to continue carrying out existing functions that the public widely supports, our new analysis concludes. As policymakers...

Spending Needs Will Grow
February 21, 2017

The upcoming budgets from the Trump Administration and congressional Republicans are expected to contain deep cuts in domestic programs. A pair of CBPP reports show why two of the principal arguments that proponents will likely use to justify such cuts — that widespread growth in federal programs throughout the budget is the source of the nation’s fiscal problems, and that programs assisting...

Non-Interest Spending Outside Medicare and Social Security Set to Fall in Coming Decade
May 18, 2016

Just in time for Infrastructure Week, a new report from the American Society of Civil Engineers highlights the deterioration in our roads, bridges, water treatment systems, and other infrastructure. As our ...

Construction Worker
March 24, 2016

The House Budget Committee budget plan’s proposals to convert Medicaid and SNAP (formerly food stamps) to block grants have raised once again the issue of...

March 9, 2016

Now is an especially good time for states to invest in infrastructure assets that are key to long-term economic growth, but these much-needed investments shouldn’t come at the expense of priorities like schools and health care.  Washington, for example, is doing it right; Mississippi...

Cars in Traffic
February 23, 2016

State and local investment in transportation, public buildings, water treatment systems, and other forms of vital infrastructure has fallen to a 30-year low.  Reversing this decline is key to creating good jobs and promoting full economic recovery — and it’s an especially good time for states to do it, as we explain in a...

State and Local Spending on Infrastructure Is at 30-Year Low
September 14, 2015

The nation’s fiscal outlook has improved significantly since 2010, but it remains challenging, according to our new long-term budget projections

Under current budget policies, we project that the ratio of debt to gross domestic product — which was 74...

In Focus: Debt-to-GDP Ratio Virtually Flat Until Early 2020s, Then Rises Gradually