from the Congressional Budget Office
Since 2007, federal debt held by the public has more than doubled in relation to the size of the economy, and it will keep growing significantly if the large annual budget deficits projected under current law come to pass. Congress faces an array of policy choices as it confronts the challenges posed by such large and growing debt.
Fiscal Policy Choices from Congressional Budget Office
Related Publications
The 2019 Long-Term Budget Outlook
June 25, 2019
Options for Reducing the Deficit: 2019 to 2028
December 13, 2018
The Deficit Reductions Necessary to Meet Various Targets for Federal Debt
August 21, 2018
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