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 ...

The resulting budget resolution, which is a concurrent resolution and therefore not signed by the President, includes what is known as a 302 (a) allocation that sets a total amount of money for the ...

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 federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the ...

The Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, a ...

Committee for a Responsible Federal Budget President Maya MacGuineas was recently interviewed for a new CNBC special report, "America's Deficit Reckoning," which includes discussions with a dozen e ...

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 ...