Federal Budget
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The LATEST
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- Stateline Story
Balanced Budget Amendment Would Be Tall Order
TODAY'S TAKE: Republicans on Capitol Hill and in many state legislatures are talking about the need for a balanced budget amendment to the U.S. Constitution. Even if such a plan cleared Congress, however, it would need the approval of 38 states. more
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- Video
- American Cities Project
Uncertainty Remains for States in Wake of Debt Deal
Pew Research Director Kil Huh provides insights into the good and bad news for states and localities in the wake of the debt ceiling deal. more
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- Stateline Story
For States, Debt Deal is Short on Details
Spending reductions will eventually scale back some federal aid to states, but almost all of the specifics remain to be decided. more
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- Stateline Story
Citing Federal Debt, Moody's Warns Five States
TODAY'S TAKE: Moody's Investors Service is warning that the political impasse over federal debt could result in five states seeing their own stellar credit ratings downgraded. more
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June 1, 2011
The U.S. Debt Limit: Frequently Asked Questions
The debt limit (also called the debt ceiling) is established in law and limits the amount of debt that the federal government can issue. This 2011 Q&A addresses questions about the U.S. Debt Limit. more
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- Analysis
May 2011 Update: Paths for Reducing the Federal Debt
This May 2011 addendum used the recent Congressional Budget Office (CBO) data and certain revised assumptions. Pew's updated projections estimated that, absent any corrective action, publicly held federal debt would reach 111 percent of GDP by 2025, the highest level in American history. more
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- Stateline Story
Federal Shutdown Could Worsen States' Budget Pain
TODAY'S TAKE: A shutdown of the federal government wouldn't amount to an immediate crisis for states. But it still could have negative fiscal consequences at a time when states can least afford them. more
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- Stateline Story
States Don't See Crisis in Federal Shutdown — Yet
If a congressional budget fight results in the federal government closing down later this week, the short-term damage to states would be minimal. It's a protracted shutdown that states worry about. more
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- Stateline Story
Federal Budget Cuts Likely for State Justice Programs
PUBLIC SAFETY BEAT: President Obama and House Republicans both seek spending cuts for criminal justice programs important to states … Grover Norquist embraces prison reform … A Florida budget cut raises fears in Kentucky…and other public safety news. more
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- Report
- Fiscal Federalism Initiative
No Silver Bullet
This September 2010 report illustrated just how difficult it would be to tackle America’s fiscal problem by relying exclusively on any single strategy.
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