The federal government borrowed $2.0 trillion over the past year – June 2024 to May 2025 – based on estimates from the ...

The Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act ...

Although the concurrent budget resolution called for the House to cut mandatory spending by $2 trillion over the next decade, ...

A deficit-financed reconciliation bill could raise Americans’ mortgage costs by thousands of dollars per year by pushing up ...

Yesterday, the Congressional Budget Office (CBO) estimated that recent tariff policies would reduce deficits by $2.5 to $3 ...

CBO projects that rising debt will also slow economic growth and boost interest rates. Over the long term, we estimate based ...

The Centers for Medicare & Medicaid Services (CMS) recently announced it was expanding its efforts to audit Medicare ...

Committee President Maya MacGuineas recently took part in a explainer video by the Wall Street Journal, "When Does US Debt Become Genuinely Bad?", along with other fiscal policy experts, to explain ...

Enacting a rescissions package is a first step toward the major deficit reduction this country needs. We are borrowing nearly $2 trillion annually, on pace to hit record debt within a few years, and ...

Committee President Maya MacGuineas recently took part in a explainer video by the Wall Street Journal, "When Does US Debt Become Genuinely Bad?", along with other fiscal policy experts, t ...

The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...

The Committee's Senior Vice President and Senior Policy Director, Marc Goldwein, recently appeared on CBS Evening News Plus to discuss the recent estimates of the House-passed One Big Beautiful Bil ...