Deficit reduction today could also prevent a fiscal crisis, where the national debt grows so high or so quickly that ...
On September 21, 2026, Committee for a Responsible Federal Budget Co-Chair and former Secretary of Defense Leon Panetta testified before a hearing of the House Budget Committee on "America’s Fiscal ...
Last night, President Trump promised to issue a $5,000 “dividend” to every adult citizen in the United States should his party retaine ...
The United States borrowed $2.0 trillion in the first eleven months of Fiscal Year (FY) 2026, including $168 billion in August, according to the latest ...
Social Security’s retirement trust fund will be insolvent by mid-2032, according to the latest projections from the Congressiona ...
Speaking at the Republican Midterm Convention yesterday in Dallas, Texas, President Trump floated a new proposal to “issue a dividend to every adult citizen in the United States of America for $5,000, ...
The interest rate on the ten-year Treasury note topped 5 percent today for the first time since 2023 and – outside of 2023 – the first time since 2007.
Last month, the 30-year bond reached a 19-year record yield of 5.3% and remain nearly that high despite the Treasury ...
Over the past 12 months, total revenue was $5.4 trillion compared to $5.2 trillion over the same period prior. Spending was $7.2 trillion over the past 12 months compared to $7.1 trillion in the same ...
Congress has excluded or erased over $12 trillion in deficit-increasing provisions from the five-year Pay-As-You-Go (PAYGO) scorecard and over $17 trillion from the ten-year scorecard between 2010, ...