The national debt exceeded 100% of Gross Domestic Product (GDP) last month, based on new economic data released by the Bureau ...

The national debt hit 100.2% of Gross Domestic Product (GDP) at the end of March, based on new economic data released by the Bureau of Economic Analysis.

The Senate adopted its Fiscal Year (FY) 2026 budget resolution last night, kicking off the reconciliation process. Unfortunately, the budget is about a year too late and includes ...

Every year of delay promises more pain to come by requiring more changes to be implemented at a faster rate to avert ...

Interest costs will exceed $1 trillion this year and have nearly tripled from $345 billion in Fiscal Year (FY) 2020. By FY ...

The Senate Budget Committee released a Fiscal Year 2026 budget resolution today that is expected to receive a vote in the full Senate soon. The resolution includes reconciliation instructions allowing ...

Senator Ron Wyden (D-OR), the Ranking Member of the Senate Finance Committee, introduced five bills this week to close tax loopholes, improve tax compliance, and otherwise raise revenue.

Estimate for revenue loss from Supreme Court ruling against IEEPA tariffs assumes refunds. The Administration’s aggregate ...

President Trump released his Fiscal Year (FY) 2027 budget request today. The President’s budget is intended to outline the Administration’s priorities, including discretionary spending, mandatory ...

Social Security is less than seven years from insolvency, at which point the law calls for a 24% across-the-board benefit cut. Yet despite facing large deficits, Social Security now pays the ...

The gross national debt of the United States reached $39 trillion yesterday, according to the U.S. Treasury. The gross debt reached its previous milestone of $38 trillion in October of last year.