In early 2018, following passage of the Tax Cuts and Jobs Act (TCJA), the Congressional Budget Office projected revenue co ...

Committee president Maya MacGuineas recently appeared on Bloomberg TV's "Wall Street Week" to discuss the fiscal situation of the incoming administration including bond and market reaction and ...

Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the ...

Lawmakers intend to pursue budget reconciliation legislation in the coming months, which requires passage of a concurrent ...

Rather than weakening the SALT cap, lawmakers should strengthen it. Concern over the marriage penalty could be addressed by reducing the SALT cap to $5,000 for single filers or setting a new ...

The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...

The federal budget deficit totaled $2.0 trillion for calendar year 2024, an increase of roughly $200 billion from the ...

The United States borrowed $710 billion in the first three months of Fiscal Year (FY) 2025, including $85 billion in the month of December, according to the latest ...

Analysis of the January 2025 Budget and Economic Outlook will be published here later today. Medicare – a federal program that provides health insurance to seniors and some individuals with ...

The Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024, $711 billion in the first three months of fiscal ...

The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many of the deadlines could bring additional costs if Congress acts irresponsibly, or ...