The federal government has borrowed $2.1 trillion over the past year – April 2024 to March 2025 – based on estimates from the ...

In a recent long-term analysis, the Congressional Budget Office (CBO) found that extending the 2017 Tax Cuts and Jobs Act ...

The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for ...

The Congressional Budget Office (CBO) estimates that the U.S. borrowed $599 billion from January through March 2025 – up $44 billion from January through March 2024. Federal spending, as measured by ...

Committee president Maya MacGuineas recently appeared on Bloomberg TV's "Balance of Power" with hosts Joe Mathieu and Kailey Leinz to discuss the Senate's budget resolution, its negative impact on ...

The House will reportedly bring the Senate’s Fiscal Year (FY) 2025 concurrent budget resolution to the floor for a vote this week.

In total, we estimate that the average weighted tariff rate on imports will rise to roughly 21 percent, much higher than the world’s average tariff rate of about 5 percent on U.S. goods. Over time, we ...

The Senate reconciliation instructions cover deficit changes from FY 2025 through 2034, though few spending or tax changes ...

The Senate Budget Committee unveiled its proposed concurrent Fiscal Year (FY) 2025 budget resolution yesterday, setting the ...

Today, the Congressional Budget Office (CBO) released its March 2025 Long-Term Budget Outlook, which builds off its ...

If the full $5.8 trillion of borrowing were ultimately made permanent, debt would grow even more rapidly. If these reports ...

Over the four years of President Biden’s term – from January 2021 through January 2025 – we estimate that he approved $4.7 ...