As we noted before, this $2 trillion spending cut – $1.7 trillion net of the spending increases – would not be the largest ...

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

The House Fiscal Year (FY) 2025 budget resolution would allow policymakers to add $2.8 trillion to primary deficits through ...

This piece has been updated to include an estimate of the Changes in Mandatory Programs (CHIMPs) without outlay savings, which result in the net effect of the bill to in ...

The United States borrowed $1.1 trillion in the first five months of fiscal year 2025, including $307 billion in February, according to the latest ...

Alan K. Simpson, a former Senator from Wyoming and a Member of the Committee for a Responsible Federal Budget, died Friday at the age of 93.

The House of Representatives will soon vote on a full-year continuing resolution (CR) for Fiscal Year (FY) 2025.

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

As Congress continues to discuss a compromise budget resolution between the House and Senate, setting the stage for reconciliation, the choice of baseline for the eventual reconciliation bill is on ...

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 tax cut extensions.

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