Importantly, the CRFB Adjusted August 2025 Baseline does not incorporate the dynamic effects from OBBBA nor other changes to ...

Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new ...

There are also a variety of health-related policy options available to offset any extension, including many outlined in our ...

With Social Security’s 90 th birthday approaching, The New York Times (NYT) published an article this week alleging “ 6 myths ...

The gross national debt of the United States reached $37 trillion yesterday according to the U.S. Treasury. Gross debt had been held roughly constant at around $36.2 trillion since January after the ...

On August 7, the Trump Administration finalized a new set of “reciprocal tariff rates” that generally range from 10 to 41 ...

The federal government borrowed $1.9 trillion over the past year – August 2024 to July 2025 – based on estimates from the ...

Pay-As-You-Go” or PAYGO rules and laws require offsets for new tax cuts and mandatory spending so they do not add to the debt ...

The Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act (OBBBA) today, projecting that the bill would add over $2.4 trillion to primary ...

House Reconciliation Bill Would Only Modestly Reduce Projected Spending The federal government is currently projected to spend a total of $86 trillion between FY 2025 and 2034. The concurrent budget ...

The House of Representatives passed its Fiscal Year (FY) 2025 budget reconciliation bill, which now moves to the Senate for its consideration.

The House Ways & Means Committee is set to mark up its title of the Fiscal Year (FY) 2025 reconciliation bill on Tuesday. The Joint Committee on Taxation (JCT) estimated that the bill as written would ...