This November, the Supreme Court will hold oral arguments on whether a large swath of President Trump‘s tariffs are illegal or not, possibly leading to a ruling before the end of the year. The U.S.

Chris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an op-ed for the Washington Monthly, an excerpt of which is below: ...

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 ...

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

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

Media CoverageKeeping Social Security from going broke requires tax hikes that will hit younger Americans for 6 figures Read more ...

Although a significant share of federal spending goes toward health care and Social Security, the budget covers many other areas from defense to food stamps to education.

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

It would take roughly $7.5 trillion of deficit reduction over the next decade to bring the deficit down to 3 percent of GDP by 2035, and $9 trillion to hold debt to 100 percent of Gross Domestic ...

How Will OBBBA Impact Growth? The recently enacted reconciliation law, OBBBA, extended or revived and expanded large parts of the 2017 TCJA and introduced new tax cuts and spending, while offsetting ...