Lawmakers should ensure that any extension of the enhanced ACA subsidies is not only fully paid for, but also reduces ...

Updated projections from the Congressional Budget Office (CBO) show that tariffs enacted this year will reduce debt ...

But earlier this year, the Social Security trustees issued a dire wake-up call: they project that the trust fund that allows the program to currently pay full promised benefits will be exhausted in ...

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 ...

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

President Trump proposed paying a dividend of “at least $2,000 a person” with new tariff revenue in a post on Truth Social this weekend. The post noted that “high income people” would be excluded from ...

The federal government raised $195 billion in customs duties in Fiscal Year (FY) 2025, more than 250% of what it collected in FY 2024, according to the final Monthly Treasury Statement of FY 2025.

The gross national debt of the United States reached $38 trillion yesterday, according to the U.S. Treasury. This comes little more than two months after the gross debt reached $37 trillion 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 ...

Some of the nation’s largest and most important programs are financed through government trust funds that collect dedicated revenues and then distribute those funds. This includes Social Security’s ...

CBO’s updated economic projections have changed primarily due to the implementation of new tariffs, numerous tax and spending changes from the One Big Beautiful Bill Act (OBBBA), and significant ...