CBO’s dynamic score of OBBBA is similar to that of other forecasters. Through FY 2034, CBO estimates the bill will increase primary deficits by $3.1 trillion and total deficits by $4.2 trillion. Other ...
The United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the latest ...
As the military conflict with Iran continues, there has been increasing discussion over a possible “war supplemental” to help ...
The One Big Beautiful Bill Act (OBBBA) included important reforms to limit states’ costly use of State Directed Payments ...
Recessions and other economic shocks are inevitable. Although the timing and particulars of the next downturn or emergency are hard to anticipate, one can predict with certainty that another will ...
The Trump Administration recently imposed a temporary broad-based 10% tariff using authority under Section 122 of the Trade ...
Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected ...
The federal government borrowed $1.6 trillion over the past year – March 2025 to February 2026 – based on estimates from the ...
On March 11, 2026, Committee for a Responsible Federal Budget President Maya MacGuineas testified before the Fiscal Responsibility and Economic Growth Subcommittee of the Senate Committee on Financ ...
Senators John Curtis (R-UT) and Angus King (I-ME) recently introduced the Fiscal Commission Act, a bipartisan bill that would establish a fiscal commission to address the nations ...
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