Browsing: federal budget
The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the fiscal year, according to…
Director of the CBO—known for gloomy national debt data—is optimistic that a crisis will be avoided
Dr Phillip Swagel is an optimist, both by nature and when he looks at the U.S. economy.This fact is perhaps…
Next generation of senators inherits a national debt time bomb: Social Security’s insolvency
The Committee for a Responsible Federal Budget (CRFB) has a ticker on its website: The Retirement Trust Fund Countdown. At…
The Congressional Budget Office’s latest monthly budget says the U.S. government operated at a deficit of $1.17 trillion for the…
The U.S. spends $88B a month in interest on national debt, equal to defense and education spending
The problem with an increasing debt burden is that it costs more to maintain it: This is precisely the issue…
What this borrowing (and its related interest payments) will ultimately mean for the economy remains to be seen: Theories range…
Federal health care spending has reached a historic turning point. It is now the single largest category of federal expenditures,…
Trump to meet with top congressional leaders Monday ahead of government shutdown deadline at midnight on Wednesday
President Donald Trump plans to meet with the top four congressional leaders at the White House on Monday, one day before the…
The Trump administration is asking Congress for an extra $58 million to bolster security for the executive and judicial branches…
Government shutdown, CDC fight, Epstein probe, stock trading ban dominate agenda as Congress returns from recess
The annual spending battle will dominate the September agenda, along with a possible effort by Senate Republicans to change their…












