Debt & Deficit

We work to ensure the long-term consequences of persistent deficits and rising debt aren’t ignored. Our research highlights how current fiscal trends threaten economic stability and burden future taxpayers. We advocate for policies that reduce deficits and slow the growth of debt relative to the economy—through more efficient spending, eliminating wasteful programs, and improving revenue policy without overburdening taxpayers.

We also shed light on the debt limit—a mechanism created during World War I to streamline borrowing authority. In recent years, it’s become a tool of political brinksmanship. Defaulting on obligations already approved by Congress and the President risk the full faith and credit of the U.S. Treasury and would be reckless and costly. Our goal is to move the debate beyond partisan posturing and toward responsible fiscal management that protects taxpayers and strengthens the nation’s financial footing.