Can We Fix the Debt Solely by Taxing the Top 1 Percent?
A popular suggestion is that raising taxes only on high earners (for example, the top one percent – households that make above roughly $435,000 ann
Fiscal FactCheck
Are Medicare and Social Security Earned Benefits that Should Not Be Touched?
Although Social Security and Medicare are two of the fastest growing programs in the budget, many argue against making adjustments to these program
Can We Grow Our Way Out of Debt?
Suggesting that the U.S.
Will Repealing “Obamacare” Fix the Debt?
Some candidates may propose to repeal the Affordable Care Act (ACA), also known as “Obamacare,” in order to solve the fiscal situation.
Do Tax Cuts Pay For Themselves?
Some advocates of tax cuts have suggested such cuts will not lose revenue since they will spur economic growth and thus produce enough additional t
Is Deficit Reduction Code for Austerity, Which Will Harm the Economy?
Some policymakers and commentators have conflated calls for deficit reduction with calls for austerity.
Can We Solve Our Debt Situation by Cutting Waste, Fraud, Abuse, Earmarks, and/or Foreign Aid?
When asked how they will fix the debt, many candidates may point to seemingly painless solutions such as reducing fraud, ending earmarks, or cuttin
With Deficits Falling, Our Debt Problems are Behind Us
Since the Great Recession, the deficit has fallen by about two-thirds, from $1.4 trillion in 2009 to $485 billion in 2014, a fact that some have us
Is There No Harm in Waiting to Solve Our Debt Problems?
Another debt myth is that even if the long-term debt outlook is a problem, there is no need to address the debt now – it can be dealt with la