The next President will face significant fiscal challenges upon taking office, including record debt levels, large structural ...

The Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review, showing a ...

The Congressional Budget Office (CBO) today released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Revi ...

The letter follows a growing chorus of calls on the need to address rising debt and deficits and can be found here.

Recently revised data from the Bureau of Economic Analysis shows that Gross Domestic Product is about 1.3 percent ...

In 2025, large parts of the 2017 Tax Cuts & Jobs Act (TCJA) are scheduled to expire. Extending the expiring individual and estate tax provisions alone would increase primary deficits by $3.9 trillion ...

The appropriations process for Fiscal Year (FY) 2025 has begun, with action in both the House of Representatives and the Senate. The Fiscal Responsibility Act (FRA) caps total base discretionary ...

Members of the Bipartisan Fiscal Forum (BFF) spoke yesterday on the House of Representatives floor to highlight the danger ...

Former President Donald Trump recently proposed eliminating taxes on overtime pay. On a static basis, we estimate ending taxes on all overtime pay would reduce revenue by $1.7 trillion from Fiscal ...