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AP: CBO: Debt Crisis Looms Absent Major Policy Changes
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U.S. Currently Borrowing 40 Cents of Every Dollar It Spends
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Spending and Revenues as Percent of GDP
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Admiral Mullen on Debt Threat
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Gross Debt as Percent of GDP
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Reinhart and Rogoff on Danger of Debt Above 90 Percent of GDP
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WSJ: U.S. Warned on Debt Load
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Increase in Interest Rates Adds to Deficits
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Politico: Unsustainable Budget Threatens Nation
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Groups Proposing Roughly $4 T in Deficit Reduction Over 10 Years
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Debt as Percent of GDP Under Commission Proposal
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Defense Budget Growth Since 1997
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Secretary Gates on Defense Funding
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WP: In the Way to a Surplus, a $12 Trillion U.S. Detour
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Last Five Times Budget in Surplus, Revenues Near 20% of GDP
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Feldstein on Need to Reduce Tax Expenditures
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Bernanke on Benefit of Acting Now to Address Debt
- Floor Speech on Addressing Federal Debt (6.23.11) - AddressingDebtFloorStatement(6.23.11).pdf (927.8 KBs)