Under the CRFB August Adjusted Baseline, debt will reach 120% of Gross Domestic Product (GDP) and deficits will rise to $2.6 ...

In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...

As the national debt continues to climb toward record levels – totaling 100% of Gross Domestic Product (GDP) at the end of Fiscal Year (FY) 2025 – interest on the national debt has also risen ...

Policymakers have approved $1.5 trillion in net new ten-year borrowing in 2025, according to the Committee for a Responsible Federal Budget’s Debt Thermometer. This includes $4.1 trillion in new ...

With the Affordable Care Act (ACA) enhanced subsidies set to expire soon, several policymakers have proposed plans to extend the enhancements. You can read more about the ACA subsidies here. We ...

The Senate is expected to vote soon on two health care bills ahead of the expiration of the enhanced Affordable Care Act (ACA) subsidies at the end of this year. The proposal offered by the Democratic ...

The Trump Administration announced a $12 billion package of aid to farmers yesterday in response to trade disruptions caused by the Administration’s tariff policy. The following is a statement from ...

Update 12/10/2025: In place of the proposal described below, the Senate is now expected to vote on a clean three-year extension of the enhanced subsidies, which CBO estimates will cost nearly $85 ...

The United States borrowed $439 billion in the first two months of Fiscal Year (FY) 2026 according to the latest Monthly Budget Review from the Congressional Budget Office. The following is a ...

The federal government has borrowed $1.6 trillion over the past 12 months based on new estimates from the Congressional Budget Office (CBO). In November 2025, CBO estimates that borrowing totaled $155 ...