The exact date when the federal government will be unable to fully pay all of its bills remains uncertain, but it has become clearer that it will be reached sooner rather than later.
Washington, D.C.– The Congressional Budget Office narrowed its debt limit projection to early- to mid-October for when the federal government will run out of sufficient cash to pay its bills in full and on time. That time period is largely in…
Maintaining an independent, bipartisan, and public role in the financial oversight of these critical programs is a necessary step towards restoring public trust.
BPC is maintaining its projection that the debt limit “X Date,” will fall sometime in October or November 2017.
BPC Senior Vice President Bill Hoagland on how the C.B.O. might estimate the effects of the MacArthur Amendment.
The current political debate on health care is in part the result of the inability of the parties to work together and compromise.
President Trump’s top economic advisers are struggling to figure out how to keep the massive tax cuts they proposed from ballooning the federal deficit.
Bill Hoagland discusses the possibility of tax reform on NPR’s “All Things Considered.”