Skip to content

Debt levels set to break records

CQ Budget, Ep. 168

Passengers wearing face masks wait for their bus in front of a national debt display on Pennsylvania Ave. NW in Washington.
Passengers wearing face masks wait for their bus in front of a national debt display on Pennsylvania Ave. NW in Washington. (Bill Clark/CQ Roll Call file photo)

A dire outlook for a ballooning deficit is the latest hit to the U.S. economy, according to a new Congressional Budget Office report. CQ Roll Call’s David Lerman and Paul Krawzak break down how the COVID-19 pandemic has affected the deficit and examine the bleak future for the Social Security and Medicare trust funds.

Show Notes:

Recent Stories

Rule for Legislative Branch bill would reinstate member COLA ban

Fire alarm fracas gets noisier around Rep. Jamaal Bowman

Congressional conjunction turns Supreme Court argument into grammar class

What to watch in Gaetz vs. McCarthy speaker fight

Senators will cut the week short to travel to Dianne Feinstein’s funeral

Judiciary nominations on track despite loss of Feinstein