The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the ...

The U.S. Department of the Treasury recently released its final Monthly Treasury Statement for Fiscal Year (FY) 2024, showing ...

The United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget ...

Site-neutral reforms represent an important intersection of sound fiscal policy, lower costs for Medicare beneficiaries, and bipartisan support to help drive momentum. Lawmakers should build upon this ...

The 2017 Tax Cuts and Jobs Act (TCJA) includes a $10,000 limit on the deduction for State and Local Taxes (SALT), which helps ...

The RESILIENCE Act would mandate that the Secretary of the Treasury work with the Director of the Office of Management and Budget (OMB) to complete annual assessments of the government’s fiscal ...

The Social Security trust funds will be insolvent by Fiscal Year (FY) 2034, according to projections by the Congressional Budget Office (CBO), at which point the law calls for a 23 percent cut in ...

In a recent report, “The Trump-Vance ‘Concept’ on Health Care,” Vice President Kamala Harris’s presidential campaign claims that former President Donald Trump proposed “deep cuts to Medicare and ...

Today the Department of Education officially proposed regulations related to cancelling student debt due to “hardship.” It contains two provisions, one that cancels debt for those that the Department ...

The U.S. Treasury Department today released the final Monthly Treasury Statement for Fiscal Year (FY) 2024, confirming the budget deficit totaled $1.8 trillion. The following is a statement from Maya ...

The Internal Revenue Service (IRS) recently published its projections of the “tax gap” – the difference between taxes owed to and collected by the federal government annually – for tax year 2022, as ...