Auctions for the 2-year, 5-year, and 7-year Treasury notes went poorly last week and Treasury yields spiked, raising concerns about investor demand for U.S. debt. The auctions cleared at ...

A number of federal budget proposals should soon be released for the upcoming fiscal year and decade, including the President’s budget, the House and Senate Budget Committees’ budgets, and quit ...

President Trump is expected to release his Fiscal Year (FY) 2027 budget later this week, which may include a proposal ...

Social Security is less than seven years from insolvency, at which point the law calls for a 24% across-the-board benefit cut. Yet despite facing large deficits, Social Security now pays the ...

The Committee for a Responsible Federal Budget submitted a statement for the record pertaining to the Senate Budget Committee ...

Note - Parts of this blog are an update to our previous blog on the House version of the Fiscal Commission Act. Senators John Curtis (R-UT) and Angus King (I-ME), joined by Senators Chris Coons (D-DE) ...

Social Security is projected to be insolvent in less than seven years. Lawmakers need to make changes to the funding and ...

On March 26, 2026, Committee for a Responsible Federal Budget President Maya MacGuineas testified before the House Budget Committee on "The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Pat ...

Recent actions from the Centers for Medicare & Medicaid Services (CMS) could help reduce the estimated $1.3 trillion in ...

The gross national debt of the United States reached $39 trillion yesterday, according to the U.S. Treasury. The gross debt ...

Senators Kevin Cramer (R-ND) and Angus King (I-ME), joined by Senators David McCormick (R-PA) and Gary Peters (D-MI), introduced a resolution in the Senate last week calling for setting a target of ...

The Social Security retirement trust fund is projected to go insolvent in Fiscal Year (FY) 2032 under the Congressional Budget Office’s (CBO) new ...