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Federal Budget: Archives

Congress Shouldn’t Raise the ‘Debt Limit’—It Should Repeal It

The debt limit has a long and sordid history, but it is quite different from the one described by Sen. Ted Cruz.

By Scott Lilly | Tuesday, October 15, 2013

Debt Limit 101

Everything you need to know about the federal debt limit.

By Harry Stein | Tuesday, October 15, 2013

The Debt-Ceiling Crisis: Why It Matters to Millennials

article icon Issue Brief The debt-ceiling debate is the most important issue our government faces today, and the debate is particularly important for Millennials. This issue brief explains what it is, what needs to be done, and what this all means for young Americans.

By Gurwin Ahuja | Thursday, October 10, 2013

Infographic: What Makes Our Economy Grow?

This infographic compares the impacts of sequestration and immigration reform on economic growth.

By the CAP Immigration Team | Thursday, October 10, 2013

The Impact of the Government Shutdown on People of Color

Felicia Evans LongWe examine federal civilian employees who are being furloughed as a result of the government shutdown and what that means for employees of color.

By Farah Ahmad | Thursday, October 10, 2013

What Should We Expect if the United States Defaults?

article icon Issue Brief Though the immediate effects of a U.S. default can be reasonably well predicted, the significant ripple effects cannot.

By Michael Madowitz | Thursday, October 10, 2013

A Piecemeal Approach to Funding the Government Makes No Sense

House Speaker John Boehner (R-OH) bars icon Charts House Republicans' current approach to government funding—through small, targeted appropriations for a select group of government functions—is impractical and irresponsible.

By Michael Linden | Tuesday, October 8, 2013

Then and Now: The Truth About Government Shutdowns

CapitolMeasured in workdays lost, the current shutdown is already the third longest in history and involves a far larger share of the government than either of the two shutdowns that were of longer duration.

By Scott Lilly | Friday, October 4, 2013

The Senate Continuing Resolution Is Already a Compromise

CapitolIf the Tea Party shuts the government down, it will not be because progressives were inflexible.

By Michael Linden and Harry Stein | Monday, September 30, 2013

Good Grief! How Did We End Up on the Verge of Another Government Shutdown?

The federal government is on the brink of shutting down yet again, although most Americans don’t understand the fight taking place in Washington. Here’s what happened.

By Scott Lilly | Monday, September 30, 2013

Progressives Just Made a Huge Concession to Keep the Government Open, but the Tea Party Might Shut It Down Anyway

The Senate’s continuing resolution prevents a government shutdown, but it does not avert another round of deep spending cuts.

By Harry Stein | Friday, September 27, 2013

Flood of New Data Should Be a Wakeup Call to Policymakers

U.S. Capitol BuildingIn one day, we learned that poverty is still elevated, inequality is near record highs, and middle-class incomes continue to stagnate, even as our long-term debt trajectory is dramatically improved. These data should finally put an end to calls for more damaging austerity.

By Kitty Richards and Michael Linden | Thursday, September 19, 2013

Why We Must Reset the Fiscal Debate: 15 Charts

bars icon Charts Our budget and economy have changed, but demands for austerity in the fiscal debate haven’t. These 15 charts show why they should.

By Michael Linden and Harry Stein | Thursday, September 19, 2013

4 Ways that Austerity Demands Have Reached New Extremes

Paul Ryan article icon Issue Brief Senate Democrats are accepting spending levels equivalent to previous House Republican budgets, yet House Republican leaders are insisting on new, deeper spending cuts in exchange for preventing a government shutdown.

By Harry Stein | Tuesday, September 17, 2013

The Dirty Truth About Boehner’s ‘Clean’ Continuing Resolution

House Speaker John Boehner article icon Issue Brief Speaker Boehner’s proposed stopgap funding measure would have Congress embrace another round of spending cuts, while signaling a willingness to increase funding for defense only.

By Neera Tanden and Michael Linden | Tuesday, September 10, 2013