Through either legislation or new executive action, we find the incoming Administration and Congress could save up to $1.4 trillion, or up to $830 billion if certain rules are withdrawn and/or the ...
The Committee for a Responsible Federal Budget identified $700 billion of offsets ranging from limiting executive spending authority, reducing health care spending, cutting other mandatory spending, ...
The gross national debt of the United States reached $36 trillion yesterday, just over three months since the previous milestone was reached at the end of July, according to the U.S. Treasury.
In January, the House Education and Workforce Committee reported out the College Cost Reduction Act (CCRA), which would make several changes to the student loan and Pell Grant programs for a savings ...
With debt nearing record levels, interest payments surging, and major trust funds approaching insolvency, Congress should avoid worsening our already unsustainable fiscal situation during the ...
The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the Congressional Budget Office's Monthly Budget Review. The rolling deficit is $188 ...