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’s proposed concurrent budget resolution would allow lawmakers to add $5.8 trillion to deficits through 2034. We estimate that enacting reconciliation legislation consistent with this budget ...

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

CEA claims the economy will grow by 3 percent due to TCJA extension and other policies but does not provide evidence or ...

The Senate is expected to vote tomorrow morning on its Fiscal Year (FY) 2025 concurrent budget resolution following the “vote-a-rama” series of amendments.