As we noted before, this $2 trillion spending cut – $1.7 trillion net of the spending increases – would not be the largest cut in history, and it would come at a time when annual deficits are nearly ...

The House Fiscal Year (FY) 2025 budget resolution would allow policymakers to add $2.8 trillion to primary deficits through ...

The United States borrowed $1.1 trillion in the first five months of fiscal year 2025, including $307 billion in February, according to the latest ...

The full-year CR is roughly equivalent to FY 2024 funding with a few anomalies, including the removal of all Congressionally Directed Spending (“earmarks”) and other smaller shifts in funding between ...

The federal budget deficit totaled $2.2 trillion between March 2024 and February 2025 based on estimates from the ...

The House of Representatives will soon vote on a full-year continuing resolution (CR) for Fiscal Year (FY) 2025.

The Trump Administration has called for significant reductions to the federal workforce and has begun the process by laying off a number of federal workers in their probationary period, offering an ...

The United States borrowed $1.1 trillion in the first five months of Fiscal Year (FY) 2025, including $308 billion in the month of February, according to the latest ...

The House recently adopted its Fiscal Year (FY) 2025 budget resolution, which includes reconciliation instructions allowing a net ...

Committee president Maya MacGuineas recently appeared on Fox Business’s “Mornings with Maria” to discuss the House continuing resolution (CR), the importance of avoiding a government shutdown, deta ...

A group of senators are pushing back against efforts to use a current policy baseline to extend expiring Tax Cuts and Jobs Act (TCJA) provisions through reconciliation without recognizing the deficit ...