Committee for a Responsible Federal Budget

What Would a Fiscal Crisis Look Like?

A fiscal crisis – sometimes called a sovereign debt crisis – is a sharp economic shock or downturn caused or sparked by high levels of current or expected public borrowing. A fiscal crisis can take ...

Which Country Has the World’s Oldest Retirement Age?

Libya has the highest official retirement age in the world, and Denmark is set to follow suit. The United States isn’t too far off and stands to raise its retirement age even higher.

‘Some form of crisis is almost inevitable’: The $38 trillion national debt will soon be growing faster than the U.S. economy itself, watchdog warns

"The United States is deeply indebted, and its finances are on an unsustainable long-term trajectory," says the Committee for ...

In wake of DOJ probe, Fed officials voice strong words in defense of Powell, Fed independence

In the wake of the Justice Department opening a criminal investigation of Federal Reserve Chair Jerome Powell, a chorus of ...

Severe weather in Greece claims lives of coastguard officer and woman

A woman walks on a flooded street during a rainstorm in Athens ...