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

In the piece, Senator Romney focuses on the looming insolvency of Social Security and the dangers of our unsustainably rising ...

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

The House is scheduled to vote today on the Lower Health Care Premiums for All Americans Act. Among other provisions, the legislation requires the government to directly fund Cost-Sharing Reductions, ...

As policymakers continue to debate what’s next for the Affordable Care Act (ACA) exchanges, there has been significant confusion over how the subsidies work, how much they cost, and why premiums are ...

The Social Security retirement and Medicare Hospital Insurance (HI) trust funds are approaching insolvency, with both trust funds expected to be depleted in just seven years. Without action, retirees ...

CBO’s updated economic projections have changed primarily due to the implementation of new tariffs, numerous tax and spending changes from the One Big Beautiful Bill Act (OBBBA), and significant ...

Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new estimates from the program’s Chief Actuary. Even if combined with the disability ...

As it currently stands, the Senate reconciliation bill is likely to add $3.5 to $4.2 trillion to the debt through Fiscal Year (FY) 2034, based on our estimates. The debt impact could rise as high as ...

Sources: CRFB estimates based on data from the Joint Committee on Taxation and the Congressional Budget Office. Note: individual provisions are calculated by adding a current policy adjustment to the ...

Note: We have published our analyses of the Social Security and Medicare Trustees' Reports. The Social Security and Medicare Trustees released their annual reports, today, highlighting the precarious ...