The federal government raised $195 billion in customs duties in Fiscal Year (FY) 2025, more than 250% of what it collected in ...

Some lawmakers have called for increasing federal health care spending by $1.5 trillion to permanently extend the expiring enhanced ...

The Social Security Administration announced today that beneficiaries will receive a 2.8% Cost-of-Living Adjustment (COLA) ...

With our national debt currently at 100 percent of Gross Domestic Product (GDP), America has never entered any kind of ...

Social Security is rapidly approaching insolvency. The retirement trust fund is seven years from exhaustion, and the theoretically combined trust funds are nine years from running out.

On October 22, the Committee for a Responsible Federal Budget hosted Saving the Trust Funds: New Solutions for Social ...

It’s tough to decide what the most appalling part is of today’s announcement from the Treasury: that we surpassed an unprecedented $38 trillion in gross national debt; that we’ll likely hit the next ...

The Senate may soon vote on resolutions to repeal the national emergencies that the Trump Administration has utilized to put in place significant tariffs on most countries around the world.

2025-10-24-Erskine BowErskine Bowles, former Co-Chair of the 2010 National Commission on Fiscal Responsibility and Reform and current Committee for a Responsible Federal Budget Board Member, delivered ...

It requires significant tax revenue to fund the federal government. Yet the federal tax code has not been reformed in over 30 years, and faces many problems – including that it is littered with ...

Social Security is the single largest federal spending program, providing cash benefits to 60 million seniors, disabled workers, and family members. Yet with life expectancy growing and millions of ...