Debt and Deficit | Page 3 | 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 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.

Above the FoldJul 29, 2016 - 12:00pm

The Economic Outlook: A Mid-Year Update

The latest report highlights an important discrepancy between consumption and business investment.

Press ReleaseJul 18, 2016 - 4:15pm

U.S. Chamber Applauds Bi-Partisan ‘Save Our Social Security Act’ as Major Addition to an Essential National Debate

WASHINGTON, D.C. — U.S. Chamber of Commerce Executive Vice President for Government Affairs Bruce Josten released the following statement today applauding the release of the bi-partisan “Save Our Social Security Act” to restore this vital program to fiscal health:

Above the FoldJul 13, 2016 - 9:00am

Eight Steps to Federal Reserve Transparency and Accountability

“Suggested reforms will make the Federal Reserve and other banking regulators more efficient in executing their mission.”

Above the FoldJul 12, 2016 - 2:30pm

Chamber's Regalia Puts Microscope on Federal Reserve’s Regulatory Approach

Much of what passes for regulation today in the financial sector cannot be described as good by any reasonable measure.