The federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the ...

The Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, a ...

Committee for a Responsible Federal Budget President Maya MacGuineas was recently interviewed for a new CNBC special report, "America's Deficit Reckoning," which includes discussions with a dozen e ...

The trustees overseeing the Social Security program recently announced that the source of retirement benefits for more than 62 million Americans and roughly 40% of American seniors will be insolvent ...

Yes, the economy may well enjoy a sugar-high the next couple of years, as borrowing stimulates near-term consumption. But a sugar-high won’t be sustained, it will do real damage, and often what comes ...