Check out our latest video, where America’s leaders take us dangerously close to catastrophe by ignoring the growing perils of the national debt.
Deficits are fairly routine, and during a recession like the one following the financial crisis of 2008, they’re all but unavoidable. Tax revenue falls off when the economy slows down and government spending increases to try and turn things around. The real concern is long-term. The government’s own budget agencies, including the White House Office of Management and Budget, the Government Accountability Office and the Congressional Budget Office, warn that federal deficits and the national debt will skyrocket as costs rise for Medicare, Medicaid and Social Security.
There has been a lot of discussion among political leaders and the media about the ramifications of raising the debt ceiling as well as the overall size of the national debt lately. The number is staggering – currently at $14 trillion, and growing. To better visualize the how fast the debt is growing, we’ve developed [...]
The National Academy of Public Administration recently hosted an event to explore how perceptions regarding the national debt have changed over the last year among policy influencers in the Washington area. Watch the video from the event.
President Obama spoke on April 13 about his plans for reducing on the national debt. What are your thoughts on his plans? Click through to watch and share your opinion.
One of the biggest hurdles in talking about the federal budget is a sense of proportion. We argue about spending, yet most of the public lacks a clear sense of how the government actually spends its money. The argument leading up to the most recent budget deal shows that: the discussion was all about “non-defense [...]
TRANSCRIPT Are the Debt Reduction Stars Aligned? A Look at the Washington Horizon November 30, 2010 Jenna Dorn: Good morning everyone. Welcome to the National Academy. I’m Jenna Dorn President and CEO of the National Academy of Public Administration. Welcome and thank you for joining us today for what is sure to be a provocative [...]
There are lots of angles to health care reform, but one of the biggest is its impact on the federal budget. In fact, fixing health care and fixing our fiscal problems go hand in hand. Here’s five things you need to know about why.
A user’s guide and supporting materials that give analysts the underlying data to use, update, and extend the quantitative long-term budget analyses conducted for the report Choosing the Nation’s Fiscal Future are now available.
The National Commission on Fiscal Responsibility and Reform released its long-anticipated report today. The report, The Moment of Truth, can be downloaded here. The full commission will vote on the report this Friday.