The Congressional Budget Office (CBO) released its February 2026 Budget and Economic Outlook today, updating its ...

The Congressional Budget Office (CBO) just released its February 2026 Budget and Economic Outlook, its first full ten-year ...

Funding for the Department of Homeland Security (DHS) will expire at midnight tonight. Absent a last-minute agreement to fund DHS today, it will commence a shutdown on Monday. The other 11 ...

The federal government has borrowed $1.6 trillion over the past 12 months based on the latest estimates from the ...

The United States borrowed $696 billion in the first four months of Fiscal Year (FY) 2026, including $94 billion in January, ...

The Congressional Budget Office (CBO) released its Budget and Economic Outlook today. CBO projects that debt held by the public will surpass its record as a share of the economy in 2030 – just four ...

Over the coming decade, the vast majority of growth in federal government spending will come from just four parts of the federal budget: Social Security, health care, mandatory veterans’ programs, ...

Under the Medicaid program, the federal government helps finance state health care spending with a matching rate calculated based on the Federal Medical Assistance Percentage (FMAP). As we’ve shown ...

Policymakers enacted the Corporate Alternative Minimum Tax in 2022 to generate new revenue from low-taxed corporations. If current policymakers don’t like that tax, they should repeal and replace it ...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an excerpt of which is below.

Under the law, the President is required to submit his budget for the upcoming fiscal year today, on the first Monday in February.

The Joint Committee on Taxation (JCT) recently published their latest estimates of individual and corporate tax expenditures.