Debt and Deficit | U.S. Chamber of Commerce

Debt and Deficit

The United States has a debt problem—and it threatens not only our long-term fiscal health, but also our future as a competitive and growing nation. Put simply, the federal government has been spending at a faster rate than revenues come in, resulting in large budget deficits and unsustainable levels of debt.

The Chamber is calling for government reforms that will address the looming crisis of unsustainable entitlement programs, keep deficit spending low for the long-term, and rein in our growing debt.

Projects and Programs

Recent Activity

Above the FoldMay 25, 2017 - 10:30am
U.S. Capitol Building

It’s Time To Scrap the Debt Limit

The practical effect of the debt limit has been to manufacture a series of distracting and economically dangerous political crises.

Above the FoldApr 03, 2017 - 9:15am
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The State of the U.S. Economy – Past, Present, and Threats to the Future

The relief provided by President Trump's regulatory actions should give businesses the confidence to increase investment.

Above the FoldMar 14, 2017 - 1:00pm
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Edging Towards A Cliff: Fiscal Policy and the Debt Limit

After eight years in office, President Obama left the nation a legacy of debt and deficits.

Above the FoldMar 03, 2017 - 9:30am
Emperor Jiajing on his state barge

What Ancient China Can Teach Us About Trade

Perhaps China’s Ming Dynasty provides the greatest historical example of isolationism’s effects

EventFeb 27, 2017 - 9:00am to 11:30am
Let's Grow Tour Banner

#LetsGrow Tour in Atlanta

One of five stops as we travel across the country listening to business owners and policy leaders discuss the ingredients needed for driving growth at the local, state, and federal level.

Above the FoldFeb 10, 2017 - 9:00am
Debt to GDP

The US Economy 2017 – Past, Present, and Threats to the Future

President Trump may not appreciate his good luck.

Above the FoldJan 28, 2017 - 8:45am
Federal Debt Held by the Public

New CBO Report Says Our Fiscal Future Is Unsustainable

An undeniable lasting effect of President Obama’s tenure has been a significant degradation in our nation’s fiscal health.

EventJan 11, 2017 - 9:30am to 10:30am
2017 State of American Business banner

2017 State of American Business Address

U.S. Chamber of Commerce President and CEO Thomas J. Donohue delivered his annual State of American Business address to outline the top challenges facing the business community and the Chamber’s policy priorities for 2017.

SpeechJan 11, 2017 - 9:30am

2017 State of American Business Address

U.S. Chamber President Tom Donohue's remarks on the State of American Business as prepared for delivery on January 11, 2017.

Above the FoldJan 09, 2017 - 9:00am
2017 State of American Business

A Growth Agenda to Unite All Americans

The Chamber’s message to policymakers and incoming leaders is simple: Choose growth.