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.

The national debt exceeded 100% of Gross Domestic Product (GDP) last month, based on new economic data released by the Bureau ...

The Senate adopted its Fiscal Year (FY) 2026 budget resolution last night, kicking off the reconciliation process. Unfortunately, the budget is about a year too late and includes ...

Every year of delay promises more pain to come by requiring more changes to be implemented at a faster rate to avert ...

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 ...

Interest costs will exceed $1 trillion this year and have nearly tripled from $345 billion in Fiscal Year (FY) 2020. By FY ...

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.

Estimate for revenue loss from Supreme Court ruling against IEEPA tariffs assumes refunds. The Administration’s aggregate ...

Senator Ron Wyden (D-OR), the Ranking Member of the Senate Finance Committee, introduced five bills this week to close tax loopholes, improve tax compliance, and otherwise raise revenue.

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 ...