The United States borrowed $1.4 trillion in the first nine months of Fiscal Year (FY) 2026, including $126 billion in June, ...

The federal government has borrowed $1.8 trillion over the past 12 months based on the latest estimates from the Co ...

Taken together, the Saving MEDICARE Act puts forward a comprehensive plan to address the underlying causes of excessive MA ...

As the House considers whether to move forward on a new reconciliation package, there is talk of using reconciliation to significantly reduce government waste, fraud, errors, and abuse (WFEA) – as we ...

The Committee for a Responsible Federal Budget submitted a statement for the record pertaining to the Senate Finance Committee hearing on "The Future of Social Security," held on June 24, 2026. The ...

The United States spends more on health care than any other developed country, and these costs continue to grow – particularly at the federal level. Rising Medicare, Medicaid, and other federal health ...

Although a significant share of federal spending goes toward health care and Social Security, the budget covers many other areas from defense to food stamps to education.

The White House recently requested an $87.6 billion supplemental appropriations package. Their request includes over $70 billion for military and related expenses, including funding for the war in ...

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. Without ...

The national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by Presidents Trump and Biden during their time in ...

Some of the nation’s largest and most important programs are financed through government trust funds that collect dedicated revenues and then distribute those funds. This includes Social Security’s ...