The Committee for a Responsible Federal Budget (CRFB) has updated its interactive online Social Security solvency tool, the ...
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 ...
The next few years will include several predictable fiscal policy deadlines, as various policies take effect, expire, or change. Many of the deadlines could bring additional costs if Congress acts ...
Several times a year, the non-partisan Congressional Budget Office (CBO) releases its “baseline” projections of future spending, revenue, deficits, and debt. In addition, the President and Congress ...
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 ...
After modestly reducing deficits in Fiscal Year (FY) 2025 by reducing the present value cost of the student loan program, the reconciliation law is projected to add significantly to near-term deficits ...
The Senate has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the One Big Beautiful Bill Act (OBBBA). The table below is a comprehensive tally of each provision included in the ...
The Senate passed its budget reconciliation bill, the One Big Beautiful Bill Act (OBBBA), which would add over $4 trillion to the national debt through 2034 – $1 trillion more than the House-passed ...
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