Tag Archives: federal debt

Improper Payments on the Rise

Increasingly, the federal government is making payments it shouldn’t. Improper payments are when the federal government overpays, underpays, or makes payments to ineligible recipients. In FY 2019, federal agencies reported about $175 billion in estimated improper payments—up from $151 billion … Continue reading

Image | Posted on by | Tagged , , , , , , , , , , , , ,

The Nation’s Fiscal Health: A Warning about the Government’s Finances

Without a change in law or policy, the gap between the amount of money the federal government collects and the amount it spends will continue to grow, likely reaching $1 trillion in the next few years. We issued our third … Continue reading

Image | Posted on by | Tagged , , , , , , , , , , , , , , , ,

The Nation’s Precarious Fiscal Future

The United States faces a highly challenging fiscal future. Absent change in policy, the federal fiscal path is unsustainable—debt is growing faster than the economy (GDP). This springs from the continuing gap between the amount of money the federal government … Continue reading

Image | Posted on by | Tagged , , , , , , , , , ,

Navigating the Complexities of the Federal Budget

The President and Congress use the federal budget process to help allocate federal funds among competing demands. The 2015 President’s Budget (which will be released on March 4th), is the President’s principal policy statement; the administration’s plan for funding the … Continue reading

Image | Posted on by | Tagged , , , , , , , , , , , , , , , , , , , , , , | 2 Comments