The federal budget deficit totaled $1.74 trillion between November 2024 and October 2025 according to estimates from the ...

President Trump proposed paying a dividend of “at least $2,000 a person” with new tariff revenue in a post on Truth S ...

The legislation to end the current government shutdown and temporarily fund the government would also wipe the current ...

In this piece, we show that over 75 years, borrowing to fund Social Security could: Add over $150 trillion to the debt when adjusted for inflation, or over $700 trillion nominally Boost debt by over ...

Instead, policymakers should enact a clean CR to re-open the government. Then they should work to pass appropriations bills. Any sequester relief, like any ACA subsidy extension, should be fully ...

The House is preparing to vote on a Continuing Resolution-Minibus appropriations bill which passed the Senate on Monday.

The federal government shut down at midnight on October 1. Below are resources to learn what you need to know about shutdowns and the appropriations process. Many of the resources below are updated ...

On October 16, the chamber failed to advance, by a vote of 50 to 44, the defense spending bill that previously passed the House on July 18. On September 10, House Appropriations Committee Chairman Tom ...

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 ...

Social Security is rapidly approaching insolvency. The retirement trust fund is seven years from exhaustion, and the theoretically combined trust funds are nine years from running out. Without ...

After two decades of uninterrupted borrowing – including three years in which deficits surpassed 10 percent of the economy – the U.S. national debt is higher as a share of Gross Domestic Product (GDP) ...

In 2001, the federal government ran a $128 billion budget surplus and was projected to pay off the national debt by 2009. Since then, the government has borrowed an additional $23 trillion, bringing ...