The Congressional Budget Office (CBO) recently released its updated economic projections for 2025 through 2028, updated from its ...

Fiscal Year (FY) 2025 will end at midnight on September 30, and unless policymakers agree on passing all 12 appropriations bills or passing a continuing resolution (CR) before then, the federal ...

From September 2024 through August 2025, the federal government borrowed $1.9 trillion based on estimates from the ...

Fiscal Year 2025 will end on September 30, and none of the 12 appropriations bills to fund the government have been signed into law.

As Congress considers the possibility of a second reconciliation bill, lawmakers should ensure it reduces deficits rather ...

Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new estimates from the program’s Chief Actuary. Even if combined with the disability ...

After modestly reducing deficits in Fiscal Year (FY) 2025 by reducing the present value cost of the student loan program, the reconciliation law is projected to add significantly to near-term deficits ...

The Social Security and Medicare Trustees released their annual reports today on the financial status of the programs. The Trustees find that both Social Security and Medicare are within a decade of ...

Yesterday, the Congressional Budget Office (CBO) estimated that recent tariff policies would reduce deficits by $2.5 to $3 trillion through 2035, leading some to conclude that the tariffs could pay ...

As the House considers a reconciliation package that is shaping up to add $3.3 trillion to the debt over a decade as written – or $5.2 trillion if temporary provisions are made permanent – interest ...

Over the four years of President Biden’s term – from January 2021 through January 2025 – we estimate that he approved $4.7 trillion in new ten-year debt through legislation and executive actions. The ...

The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net interest payments on the debt, which have grown extensively over the last few years ...