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A Project of The Annenberg Public Policy Center

Q&A on Looming Government Shutdown

Q&A on Looming Government Shutdown

The federal government is heading to a shutdown, if Congress doesn’t pass funding legislation by the time the clock strikes midnight on Sept. 30. We’ll explain what that means and what government services could be affected.

Debt Limit Agreement Breakdown

Debt Limit Agreement Breakdown

House Speaker Kevin McCarthy and President Joe Biden brokered a two-year agreement to suspend the debt ceiling, but it needs quick congressional approval before the federal government runs out of money. We’ll explain the main provisions of the bill that would cut, and increase, federal spending.

Correcting Trump’s Press Conference Misinformation

Correcting Trump’s Press Conference Misinformation

President Donald Trump has been holding daily press conferences to provide the latest information about the coronavirus from the federal government, but his rhetoric has sometimes been imprecise, misleading or outright incorrect.

Buttigieg Gives Trump Too Much Blame for Debt

Buttigieg Gives Trump Too Much Blame for Debt

Democratic presidential candidate Pete Buttigieg blamed tax cuts backed by President Trump for creating the nation’s debt problem. But while those tax cuts are worsening the nation’s debt, spiraling deficits and debt over the next decade were projected even before those tax cuts were enacted.

Larry Kudlow’s Revenue Deception

Larry Kudlow’s Revenue Deception

On the day the Trump administration released its fiscal 2020 budget, White House economic adviser Larry Kudlow misleadingly claimed that “overall revenues are up about 10 percent.” In fact, federal revenues are down since the Republican tax cuts became law.

Double-Counting Growth

Double-Counting Growth

The president’s budget counts on economic growth to reach a balance, but his tax cut plan also relies on that growth to remain revenue-neutral. Tax and budget experts say that’s double-counting the same money.

Cruz’s Conservative Credentials

Cruz’s Conservative Credentials

A pro-Rand Paul super PAC cherry picks two fiscal votes to label Sen. Ted Cruz as a “phony” conservative. In fact, fiscal conservative groups that score congressional votes rank both presidential candidates as among the most conservative in the Senate.

Deficits Falling (From Way Up)

Deficits Falling (From Way Up)

In recent speeches, President Obama has repeatedly claimed that “our deficits are falling at the fastest rate in 60 years.” That’s not true.

‘Record Revenues’

‘Record Revenues’

Republicans claim the federal government will “collect more revenue in 2013 than ever before.” But that’s only true in raw dollars, not as a percentage of gross domestic product, which accounts for growth in population, inflation and earnings.