Over the past 12 months, total revenue was $5.4 trillion compared to $5.2 trillion over the same period a year prior. Spending was $7.3 trillion over the past 12 months compared to $7.1 trillion in ...
The United States borrowed $1.8 trillion in the first ten months of Fiscal Year (FY) 2026, including $432 billion in July, according to the latest ...
The United States borrowed $1.8 trillion in the first ten months of Fiscal Year (FY) 2026, including $431 billion in July, according to the latest ...
Last week, the Congressional Budget Office (CBO) published an estimate of the potential cost of constructing the Navy’s newly proposed, nuclear-p ...
A $25 billion 30-year Treasury auction this week ended with yields at 5.216% – the highest since 2001. The auction is the latest sign of investors’ concern over Treasuries and demand for higher ...
91 years ago tomorrow, President Franklin Delano Roosevelt signed into law the Social Security Act of 1935, establishing what is now the nation’s largest federal program and largest retirement program ...
The Pell Grants program is out of reserves and faces a $100 to $185 billion shortfall over the next decade. As lawmakers work to limit the cost of the Pell program, they may also consider boosting ...
Change in Part D spending from 2022 pre-IRA baseline’ $249 billion-$153 billion Change in Part D spending from post-IRA 2023 baseline n/a-$402 billion Source: CRFB estimates based on CBO data. *CRFB ...
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