On August 7, the Trump Administration finalized a new set of “reciprocal tariff rates” that generally range from 10 to 41 ...

The federal government borrowed $1.9 trillion over the past year – August 2024 to July 2025 – based on estimates from the ...

Pay-As-You-Go” or PAYGO rules and laws require offsets for new tax cuts and mandatory spending so they do not add to the debt ...

CMS’s efforts to reduce waste, fraud, and abuse go further. For example, CMS recently announced that they were more aggressively targeting Medicare Advantage (MA) audits through their Risk Adjustment ...

Earlier this month, the President signed the 2025 reconciliation law – also known as the “One Big Beautiful Bill Act” (OBBBA) ...

Committee for a Responsible Federal Budget President Maya MacGuineas discusses tariff revenue and how President Donald Trump's tax bill will affect the deficit on 'Mornings with Maria.' ...

Before the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) ...

2025-07-22-The recently-enacted One Big Beautiful Bill Act (OBBBA) will increase borrowing by $4.1 trillion through 2034 on a conventional basis, according to new ...

A Dark Day for Our Fiscal Future 2025-07-03 The House of Representatives passed the Senate reconciliation bill, sending it to the President’s desk.

2025-06-23-Note: the Joint Committee on Taxation (JCT) has put together a current law score of the Senate Finance Committee tax proposals, which roughly match our numbers in this analysis.

The Social Security and Medicare Trustees released their annual reports today on the financial status of the programs. The Trustees find that both Social Security and Medicare are within a decade of ...