News

The Treasury Department just confirmed that spending continues to rise. The federal government has already spent $3.6 trillion from January to June of 2025 – up $142 billion from this same period last ...
The resulting budget resolution, which is a concurrent resolution and therefore not signed by the President, includes what is known as a 302 (a) allocation that sets a total amount of money for the ...
On June 24, the Committee for a Responsible Federal Budget hosted a virtual event following the release of the 2025 Social Security and Medicare Trustees' reports, which evaluate the fiscal health of ...
The Congressional Budget Office (CBO) just published their “current policy” score of the Senate reconciliation bill, showing ...
The Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, a ...
The Senate bill includes $4.5 trillion of net tax cuts, $1.4 trillion of gross spending cuts, and $0.3 trillion of gross ...
The House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed bill.
Although we have not produced a full estimate of the bill, it appears to add roughly $4 trillion to the debt through 2034, including interest – which is roughly $1 trillion higher than the ...
We estimate the Senate’s direct SALT relief is roughly 10 percent larger than the House, and the combined SALT relief and Alternative Minimum Tax (AMT) changes are two-thirds larger.1 If made ...
Yes, the economy may well enjoy a sugar-high the next couple of years, as borrowing stimulates near-term consumption. But a sugar-high won’t be sustained, it will do real damage, and often what comes ...
The latest Senate version of the One Big Beautiful Bill Act (OBBBA) would likely add roughly $4 trillion to the national debt, including interest. 1 The Senate bill would also violate the House ...