Is It Worth It? Check out the costs of proposed policies, tax breaks, and federal spending in the U.S. budget. Compare the annual or total cost with the cost per person, per taxpayer, or per household ...
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 ...
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 ...
As the debt approaches record levels as a share of the economy, the United States government continues to run the highest ...
On January 31, the government partially shut down as November 2024's continuing resolution only extended funding for certain agencies through January 30, 2026. This continuing resolution ended one of ...
On February 3, the President signed into law a bill to end the partial government shutdown that began on January 31. The bill provided Fiscal Year (FY) 2026 funding for several programs: Defense; ...
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.
Media Coverage Trump's 'gold card' visa starting at $1 million granted to just 1 person so far, White House says Read more ...
Including assumed macroeconomic effects, CEA estimated that when incorporating the effects of OBBBA, tariffs, discretionary cuts, energy reforms, and deregulation: CRFB will track these claims over ...
On March 26, 2026, the House Budget Committee held a hearing titled “The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Path to Fiscal Sustainability.” The discussion centered on how a 3% ...
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