Debt and Deficit | Page 2 | 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 FoldDec 30, 2016 - 3:30pm
2016 as sand art

Above the Fold’s Top Five for 2016

Readers were curious about a variety of public policy issues affecting the business community.

Above the FoldNov 04, 2016 - 9:00am
Vote for Jobs and Growth this November 8

Vote for Jobs and Growth

Tuesday, November 8 is finally decision time for the American people—and the stakes couldn’t be higher

Above the FoldOct 28, 2016 - 9:00am
Entitlements: A truly haunting Halloween tale

The Entitlements Munster

This Halloween horror story addresses the shocking truth about our country's entitlement programs.

Above the FoldOct 20, 2016 - 2:45pm
A viewing party for the third U.S. presidential debate in San Francisco, Cal.

Clinton and Trump Were Finally Asked About the Most Important (But Overlooked) Election Issue. They Whiffed.

At the third presidential debate Americans finally heard a question on reforming Social Security, Medicare, and Medicaid.

Above the FoldOct 19, 2016 - 5:30pm
Presidential Debate: Trump and Clinton

Open Memo to Chris Wallace: America’s Last Opportunity for Answers on Entitlement Reform

Entitlement programs are the primary drivers of our country’s swelling federal debt.

Above the FoldOct 18, 2016 - 9:00am
Federal spending continues to grow because of mandatory spending.

Soaring Budget Deficits Limit the Next President's Options

Federal spending rose 5%, driven largely by “mandatory spending” like Social Security and Medicare.

Above the FoldSep 19, 2016 - 10:00am
Hillary Clinton and Donald Trump

An Open Memo to Lester Holt: The Most Important (But Overlooked) Election Issue

It's an issue that affects the strength of our economy and the financial security of each American. So why have we heard so little about it?

In the NewsSep 12, 2016 (All day)

Washington Examiner: The Obama legacy: An economy choking on red tape

Washington ExaminerBy Joseph Lawler  None of President Obama's seven years in office has seen economic growth above 3 percent, and his final year will probably fall short, too. Lame growth will be Obama's clearest and most damaging legacy, as far as business is concerned.

EventSep 01, 2016 - 10:30am to 11:30am

2016 Labor Day Briefing

U.S. Chamber of Commerce Senior Vice President of Labor, Immigration, and Employee Benefits Randy Johnson and Chief Economist J.D. Foster will host their annual Labor Day briefing to outline the current top economic and workplace issues for businesses.

Above the FoldAug 29, 2016 - 10:00am
Lieutenant Dan shows up to work on Forrest Gump's shrimpin' boat.

Forrest Gump’s Lieutenant Dan Faces the Inequality Conundrum

Just as President Obama's "Fairness Economy" doctrine hasn't made a dent in inequality, neither will Clinton's proposed policies.