The House Transportation and Infrastructure Committee recently approved a five-year reauthorization of surface transportation programs – the BUILD America 250 Act – on a bipartisan basis. Based on our ...
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 ...
Bill Huizenga (R-MI), and Scott Peters (D-CA) introduced the Budgeting for a Better America Act, bipartisan legislation to strengthen the congressional budget process, improve fiscal transparency, and ...
Marc Goldwein is the senior vice president and senior policy director of the Committee for a Responsible Federal Budget.
The Education Department announced today that they will quadruple the auto-pay incentive to reduce a student loan borrower’s interest rate by 1 percent through 2028 if they enroll in auto-pay. We ...
In its new report, “The Nation’s Fiscal Health,” the Government Accountability Office (GAO) projects the national debt will rise to 251 percent of Gross Domestic Product (GDP) by 2056 under a “current ...
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Kansas City Star, an excerpt of which is below.
The United States borrowed $1.2 trillion in the first eight months of Fiscal Year (FY) 2026, including $293 billion in May, according to the latest Monthly Treasury Statement from the Treasury ...
The Social Security and Medicare Trustees released their annual reports today on the financial status of the programs. The Trustees find that these programs are approaching insolvency and face large ...
As the debt approaches record levels as a share of the economy, the United States government continues to run the highest peacetime deficits in the nation’s history, outside of a recession or ...
The Trump Administration released its Fiscal Year (FY) 2027 budget request today. While the President’s budget typically presents a comprehensive plan for addressing discretionary spending, mandatory ...
President Trump released his Fiscal Year (FY) 2027 budget request today. The President’s budget is intended to outline the Administration’s priorities, including discretionary spending, mandatory ...