Lawmakers are considering the repeal of Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset ...

The Medicaid program – a joint federal-state program that provides health care to low-income populations – is projected to ...

Senate Majority Leader Chuck Schumer (D-NY) announced yesterday that the Senate would vote on the Social Security Fairness Act, which passed the House in November.

From December 2023 to November 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the ...

The United States borrowed $624 billion in the first two months of fiscal year 2025, including $367 billion in November, according to the latest ...

Federal Medicaid Disproportionate Share Hospital (DSH) payments are set to face an $8 billion annual reduction – more than 50 ...

New data from the Congressional Budget Office (CBO) finds that economic feedback may not cover any of the revenue loss and that TCJA extension might even add more to the debt on a dynamic basis, ...

Having passed zero appropriations bills on time and another zero by the end of the fiscal year, Congress is currently operating under a continuing resolution that expires December 20th, at whic ...

The United States borrowed $622 billion in the first two months of Fiscal Year (FY) 2025, including $365 billion in the month of November, according to the latest ...

Extending the individual and estate provisions from the Tax Cuts and Jobs Act (TCJA) expiring at the end of next year without offsets would add $3.9 trillion ($4.5 trillion with interest) to defici ...

In order for the reconciliation process to begin, the House and Senate must pass a concurrent budget resolution that includes a deficit reduction or cost target for relevant committees. Each committee ...

In 2024, the Committee for a Responsible Federal Budget sought to educate and engage the public, policymakers, and the media about the major fiscal issues facing the nation from Congressional fundi ...