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Medicaid provides health insurance to nearly 71 million people, and will cost the federal government over $650 billion this ...
The White House’s Council of Economic Advisors (CEA) expects much more robust growth, but also a similar pattern. CEA expects ...
It would take roughly $7.5 trillion of deficit reduction over the next decade to bring the deficit down to 3 percent of GDP ...
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 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 ...
With Social Security’s 90 th birthday approaching, The New York Times (NYT) published an article this week alleging “ 6 myths about it that won’t go away." Unfortunately, the article does more to ...
Find the latest analysis and findings on debt and deficits from the Committee for a Responsible Federal Budget.
2025-08-11-On August 7, the Trump Administration finalized a new set of “reciprocal tariff rates” that generally range from 10 to 41 percent.
The federal government borrowed $1.9 trillion over the past year – August 2024 to July 2025 – based on estimates from the Congressional Budget Office (CBO). The July 2025 deficit was $289 billion, ...
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