Under these illustrative scenarios, no taxes on overtime would reduce revenue by $250 billion to $1.4 trillion on a static ...

Members of Congress recently filed a discharge petition on a bill to repeal Social Security’s Windfall Elimination Provision ...

Mitch Daniels is the president emeritus of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget, and a co-Chair of the Committee for a Respo ...

Fiscal Year (FY) 2024 will end on September 30, 2024, and zero of the 12 appropriations bills to fund the government have been signed into law.

With the national debt on course to reach a new record as a share of the economy in just three years, it should be a common-sense measure to repeal this credit, use the savings to reduce the deficit, ...

Improper payments cost the federal government $236 billion in Fiscal Year (FY) 2023, according to testimony from the Gove ...

The United States borrowed $1.9 trillion in the first eleven months of fiscal year 2024, including $380 billion in August, according to the latest ...

New Congressional Budget Office (CBO) estimates find that these cuts would weaken the agency’s tax enforcement capabilities, increase the tax gap, and reduce revenue collection by $65.8 billion over ...

The House of Representatives is expected to vote this week on a joint resolution to disapprove a rule finalized by the ...

From September 2023 through August 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the Congressional Budget Office (CBO). This is a nearly $500 billion increase from our ...