A new report from the Congressional Budget Office showed that the federal debt has grown markedly worse. BPC's Economic Policy Project breaks down what that means for the U.S. economic outlook and calls on the Trump administration and Congress to take action before the situation gets much worse.

This week, BPC's Immigration Project discusses the transfer of military funds to fund the border wall, the impact on H-1B decisions of the Buy American, Hire American executive order, and the emergence of a new migrant caravan.

Prescription drug costs remain a top voter concern approaching the 2020 elections, but one area which has received relatively limited attention amongst policymakers is the role of the patent practices which delay competition and impact the affordability of pharmaceuticals. Given the concern of the American public, policymakers in Congress should move forward on this issue in the coming year.