News

The Treasury Department just confirmed that spending continues to rise. The federal government has already spent $3.6 trillion from January to June of 2025 – up $142 billion from this same period last ...
On July 11, 2025  the Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director Marc Goldwein and Director of Health Policy Anna Bonelli submitted comments ...
On the Medicare side, the Hospital Insurance (HI) trust fund is now forecast to exhaust its reserves in 2033, three years sooner than projected in last year’s report. Goldwein emphasized that the ...
The Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, a ...
The federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the ...
The trustees overseeing the Social Security program recently announced that the source of retirement benefits for more than 62 million Americans and roughly 40% of American seniors will be insolvent ...
Yes, the economy may well enjoy a sugar-high the next couple of years, as borrowing stimulates near-term consumption. But a sugar-high won’t be sustained, it will do real damage, and often what comes ...
The House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed bill.
In addition to adding an extra $1.1 trillion to the national debt above the House bill to a total of over $4.1 trillion, the Senate-passed One Big Beautiful Bill Act (OBBBA) added a massive but ...
The Senate has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the One Big Beautiful Bill Act (OBBBA). The table below is a comprehensive tally of each provision included in the ...