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U.S. Is Borrowing 31 Cents of Every Dollar It Spends
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Spending and Revenues 1950-2012
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Gross Debt as % of GDP Under CBO Alternative Fiscal Scenario
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Economists Reinhart and Rogoff on Danger of Gross Debt Above 90 Percent of GDP Threshold
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CBO Long-Term Debt Outlook
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Budget Control Act Drops Discretionary Spending to Historic Low
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Medicare, Medicaid, and Other Federal Health Spending as % of GDP: 1970-2050
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Aging Population is Primary Driver of Medicare, Medicaid, and Social Security Cost Growth
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Last Five Times Budget in Surplus, Revenues Near 20% of GDP
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The Need for Tax Reform
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Economist Feldstein on Need to Reduce Tax Expendiitturres
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Increase in After-Tax Income from Tax Expenditures
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The National Commission on Fiscal Responsibility and Reform
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Overview of Fiscal Commission Budget Plan
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Deficit as Percent of GDP Under Fiscal Commission Budget Plan
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Gross Debt as % of GDP Under Fiscal Commission Budget Plan
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Overview of Fiscal Cliff Plan
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Deficit Impact of Fiscal Cliff Plan
- Floor Speech on Fiscal Cliff Agreement (Jan. 2, 2012) - FS_Fiscal Cliff_Jan 2.pdf (1003.1 KBs)