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 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.

Above the FoldAug 25, 2016 - 4:15pm

Of Central Bankers and Punch Bowls

Central bankers and monetary theorists have long known the ability to influence economic activity was sometimes powerful, sometimes limited.

Above the FoldAug 22, 2016 - 11:00am
A man waves a Greek flag in Athens, Greece.

When Greeks Sue Statisticians

The Greek government is prosecuting Andreas Georgiou for producing sound economic data.

Above the FoldAug 15, 2016 - 9:00am

Clinton Opts for Fairness Over Growth

Unfortunately, that is one thing Washington is good at pursuing – and the economy suffers.

Above the FoldAug 11, 2016 - 9:00am

Declining Labor Productivity Both a Symptom and a Warning

The next administration and the next Congress need to do significantly better.

Above the FoldAug 08, 2016 - 2:15pm

A Worrisome Tale of Two Economies

Why are businesses holding back? Excess capacity, excess regulation, and excess political uncertainty.

Above the FoldAug 01, 2016 - 9:00am

Entitlements Are the Elephant in the Room

There’s a giant elephant in the room this campaign season, and I’m not talking about a leftover decoration from the Republican convention. Our entitlement programs—Social Security, Medicare, and Medicaid—are growing faster than we can pay for them, posing a looming threat to our nation’s social safety net.