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 ...

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 ...

The Senate Budget Committee released a Fiscal Year 2026 budget resolution today that is expected to receive a vote in the full Senate soon. The resolution includes reconciliation instructions allowing ...

The Trump Administration released its Fiscal Year (FY) 2027 budget request today. While the President’s budget typically presents a comprehensive plan for addressing discretionary spending, mandatory ...

President Trump released his Fiscal Year (FY) 2027 budget request today. The President’s budget is intended to outline the Administration’s priorities, including discretionary spending, mandatory ...

Social Security is less than seven years from insolvency, at which point the law calls for a 24% across-the-board benefit cut. Yet despite facing large deficits, Social Security now pays the ...

The “One Big Beautiful Bill Act” (OBBBA) will add $4.2 trillion to the national debt through Fiscal Year (FY) 2034 or $4.7 trillion through 2035 after taking into account its dynamic effect on the ...