The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...
The costs were higher because of a larger budget burden, the CBO said, as well as "higher long‐term interest rates and an ...
Meanwhile, the Peterson Foundation updated its projection: the U.S. would be spending more on defense than the next 35 ...
Debt freedom is a goal you can reach. As you begin your debt payoff journey, changing how you manage and spend your money could get you there even faster. A bare-bones budget is a great way to ...
Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...
In a post on Truth Social, President Trump called for increasing the Fiscal Year (FY) 2027 defense budget to $1.5 trillion, rather than $1 trillion he said he previously wanted to propose. We ...
In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...