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: ...

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

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 ...

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.

Appropriations are decisions made by Congress about how to allocate a portion of federal spending. In general, the appropriations process addresses the discretionary portion of the federal budget – ...

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 ...

More than half of the nation’s hospitals are designated as “charitable” nonprofit institutions by the Internal Revenue Service (IRS), exempting them from most federal, state, and local taxes and ...

In the first seven months of Fiscal Year (FY) 2024, spending on net interest has reached $514 billion, surpassing spending on both national defense ($498 billion) and Medicare ($465 billion). Overall ...