With the national debt on course to exceed its record as a share of the economy in the next two years, interest payments on the debt surging, and major trust funds approaching insolvency, policymakers ...
With the national debt on course to exceed its record as a share of the economy in the next two years, interest payments on the debt surging, and major trust funds approaching insolvency, policymakers ...
Lawmakers are considering the repeal of Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset ...
Senate Majority Leader Chuck Schumer (D-NY) announced yesterday that the Senate would vote on the Social Security Fairness Act, which passed the House in November.
The Medicaid program – a joint federal-state program that provides health care to low-income populations – is projected to ...
The United States borrowed $624 billion in the first two months of fiscal year 2025, including $367 billion in November, according to the latest ...
New data from the Congressional Budget Office (CBO) finds that economic feedback may not cover any of the revenue loss and that TCJA extension might even add more to the debt on a dynamic basis, ...
Having passed zero appropriations bills on time and another zero by the end of the fiscal year, Congress is currently operating under a continuing resolution that expires December 20th, at whic ...
On Tuesday, December 10, 2024, the Committee for a Responsible Federal Budget hosted more than 130 people at an in-person event, "2025: The Fiscal Challenges Ahead." The event featured a panel ...
The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring portions of the 2017 Tax Cuts and Jobs Act (TCJA).
On Tuesday, December 10, 2024, the Committee for a Responsible Federal Budget hosted an in-person event, "2025: The Fiscal Challenges Ahead." The event featured a panel discussion of journalists ...
From December 2023 to November 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the ...