Both the Treasury and the markets agree we’re on course to borrow $2 trillion this year, up from the $1.8 trillion deficit we logged last year. $2 trillion deficits used to be unheard of, and then ...
As the debt approaches record levels as a share of the economy, the United States government continues to run the highest ...
The Senate Judiciary and Homeland Security and Governmental Affairs (HSGAC) Committees released draft reconciliation legislation for Fiscal Year (FY) 2026 late last night. The Congressional Budget ...
The national debt exceeded 100% of Gross Domestic Product (GDP) last month, based on new economic data released by the Bureau ...
The national debt hit 100.2% of Gross Domestic Product (GDP) at the end of March, based on new economic data released by the Bureau of Economic Analysis.
Find the latest analysis and findings on the Biden Administration from the Committee for a Responsible Federal Budget.
Find the latest analysis and findings on Social Security from the Committee for a Responsible Federal Budget.
The Biden Administration released its Fiscal Year (FY) 2024 budget proposal today, outlining President Biden’s priorities over the next decade. The budget proposes an estimated $3 trillion of deficit ...
The national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by Presidents Trump and Biden during their time in ...
The U.S. national debt is approaching record levels as a share of Gross Domestic Product (GDP) and currently stands at 100% of GDP, while interest costs are surging to new records and budget deficits ...
We recently estimated that former President Trump and current President Biden approved $8.4 trillion and $4.3 trillion of new ten-year borrowing (or $4.8 trillion and $2.2 trillion excluding various ...
With insolvency rapidly approaching, failing to address Social Security’s imbalances is an implicit endorsement of a 21 percent benefit cut imposed on all beneficiaries regardless of age, income, or ...
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