The federal budget deficit totaled $2.2 trillion between March 2024 and February 2025 based on estimates from the ...

Committee president Maya MacGuineas recently appeared on Fox Business’s “Mornings with Maria” to discuss the House continuing resolution (CR), the importance of avoiding a government shutdown, deta ...

The House recently adopted its Fiscal Year (FY) 2025 budget resolution, which includes reconciliation instructions allowing a net ...

The United States borrowed $1.1 trillion in the first five months of Fiscal Year (FY) 2025, including $308 billion in the month of February, according to the latest ...

The latest estimates from third-party modelers confirm what we’ve said several times before: economic growth will not pay for ...

Adopting a current policy baseline would therefore allow lawmakers to hide $3.4 trillion to $4.6 trillion of borrowing ...

President Trump laid out his economic and other policy priorities in his first address to a joint session of Congress of his second term.

Marc Goldwein, senior vice president and senior policy director of the Committee for a Responsible Federal Budget, gave a ...

A group of senators are pushing back against efforts to use a current policy baseline to extend expiring Tax Cuts and Jobs Act (TCJA) provisions through reconciliation without recognizing the deficit ...

The Trump Administration has called for significant reductions to the federal workforce and has begun the process by laying off a number of federal workers in their probationary period, offering an ...

Government funding is set to expire on March 14, meaning lawmakers will need to pass – and the President will need to sign – appropriations bills for Fiscal Year (FY) 2025 or enact a continuing ...

The Federal Reserve’s preferred measure of inflation — the personal consumption expenditure (PCE) index — came in at 0.3 percent in January, twice the Federal Reserve’s implied target of 0.17 p ...