On June 24, the Committee for a Responsible Federal Budget hosted a virtual event following the release of the 2025 Social Security and Medicare Trustees' reports, which evaluate the fiscal health of ...

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 ...

The bill does not include any significant direct changes to Social Security and Medicare, since the reconciliation Byrd rule ...

The Senate bill includes $4.5 trillion of net tax cuts, $1.4 trillion of gross spending cuts, and $0.3 trillion of gross ...

The Congressional Budget Office (CBO) just published their “current policy” score of the Senate reconciliation bill, showing ...

The House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed bill.

As it currently stands, the Senate reconciliation bill is likely to add $3.5 to $4.2 trillion to the debt through Fiscal Year (FY) 2034, based on our estimates.

Yes, the economy may well enjoy a sugar-high the next couple of years, as borrowing stimulates near-term consumption. But a sugar-high won’t be sustained, it will do real damage, and often what comes ...

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 Senate passed its budget reconciliation bill, the One Big Beautiful Bill Act (OBBBA), which would add over $4 trillion to the national debt through 2034 – $1 trillion more than the House-pa ...