The Trump Administration is reportedly considering an executive action – at the urging of lawmakers in both the ...
In the midst of the conflict with Iran and spiking oil prices, policymakers are reportedly considering – and some have introduced – a temporary gas tax holiday to reduce the p ...
CBO’s dynamic score of OBBBA is similar to that of other forecasters. Through FY 2034, CBO estimates the bill will increase primary deficits by $3.1 trillion and total deficits by $4.2 trillion. Other ...
As the military conflict with Iran continues, there has been increasing discussion over a possible “war supplemental” to help ...
The United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the latest ...
The One Big Beautiful Bill Act (OBBBA) included important reforms to limit states’ costly use of State Directed Payments ...
Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected ...
Recessions and other economic shocks are inevitable. Although the timing and particulars of the next downturn or emergency are hard to anticipate, one can predict with certainty that another will ...
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the ...
The Trump Administration recently imposed a temporary broad-based 10% tariff using authority under Section 122 of the Trade ...
The federal government borrowed $1.6 trillion over the past year – March 2025 to February 2026 – based on estimates from the ...
On March 11, 2026, Committee for a Responsible Federal Budget President Maya MacGuineas testified before the Fiscal Responsibility and Economic Growth Subcommittee of the Senate Committee on Financ ...
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