Born in the year of tax reform

Dec 22, 2017
Two 31-year-olds discuss the changes to a tax code that hasn't seen major reform since they were born.
Traffic streaks past the U.S. Capitol on December 20, 2017 in Washington, DC. 
Mark Wilson/Getty Images

For its tax plan to succeed, the GOP may need a better pitch to the middle class

Nov 8, 2017
Elections, it’s been said, have consequences, and last night’s local contests were no exception. The Republican losses come at an awkward time in the politics of the American economy — specifically, the tax overhaul plan the GOP’s trying to get through Congress. And even more specifically, in light of the results last night, making the […]

What's the difference between the national debt and the deficit?

Jun 22, 2017
Both are hugely important to President Trump and congressional Republicans' priorities, but they need a lot of context.
Director of the Office of Management and Budget Mick Mulvaney testifies during a House Budget Committee hearing concerning the Trump administration's fiscal year 2018 budget, on Capitol Hill, May 24, 2017 in Washington, DC.
Drew Angerer/Getty Images

Yeah, it’s all about your parents’ retirement

Mar 30, 2017
We got some grim news from the Congressional Budget Office today. The CBO predicted that the budget deficit and government debt will more than triple during the next 30 years unless Congress and the White House change the laws on how much the country spends and takes in. A big part of the problem? The […]

CBO predicts deficits about to get a lot worse

Jan 25, 2016
The Congressional Budget Office says this is the first such increase since 2009.

What's the status of the budget deficit?

Sep 11, 2013
More information comes this week.

The incredible shrinking budget deficit

May 15, 2013
The Congressional Budget Office reports that this year's federal budget will be the smallest in years -- but don't uncork the champagne yet.
A congressional aid looks over the fiscal year 2014 budget proposal documents.
T.J. Kirkpatrick/Getty Images

For public good, not for profit.

U.S. pays down debt for first time in six years

Apr 30, 2013
The Treasury Department is expected to start paying down U.S. government debt this quarter for the first time in six years.

Sen. Chuck Grassley: We will go into sequester

Feb 28, 2013
U.S. Senator Charles Grassley (R-IA) joins Marketplace Morning Report host Jeremy Hobson to discuss the sequester and its likely impact on the economy.

Pete Peterson: The man who focused Washington on the national debt

Feb 26, 2013
Pete Peterson is the man who started talking about bringing down the deficit decades ago. But he's not pleased with the current sequestration talks.