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 legislation to end the current government shutdown and temporarily fund the government would also wipe the current ...

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

Instead, policymakers should enact a clean CR to re-open the government. Then they should work to pass appropriations bills. Any sequester relief, like any ACA subsidy extension, should be fully ...

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.

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 ...

The enactment of the One Big Beautiful Bill Act (OBBBA), new tariffs framework, and other changes have meaningfully changed the fiscal outlook since the Congressional Budget Office’s (CBO) January ...

Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new estimates from the program’s Chief Actuary. Even if combined with the disability ...

The House of Representatives passed the Senate reconciliation bill, sending it to the President’s desk. This bill will be the most expensive reconciliation bill in history, adding $4.1 trillion to the ...