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Policy Basics

Long-term deficits and debt will affect the nation’s ability to fund important investments in the future.

We analyze long-term deficit and debt trends to illustrate the challenges we face and highlight potential solutions. We also encourage policymakers to enact measures to strengthen today’s job market as well as measures to reduce longer-term deficits.

Federal Debt Limit’s Harmful, Report Shows

With the federal government on course to hit the legal debt limit this year, a new Government Accountability Office (GAO) study shows that the limit is harmful.  That’s consistent with our view,...