Latest
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Proposed EV Fee Could Raise $30 Billion
Read moreA new bipartisan highway reauthorization bill proposes, among many other changes, new annual registration fees on electric vehicles (EVs) and plug-in...
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Rising Interest Rates Could Push Debt Higher
Read moreThe 10-year Treasury yield is currently 4.5% – the highest rate in over a year – while 30-year Treasuries now carry a 5.0% interest rate. In fact...
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Mitch Daniels: Debt disaster denialists think America has a new magic bullet
Read moreMitch Daniels is a former Governor of Indiana and former President of Purdue University. He is also a Co-Chair of the Board of Directors of the...
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12-Month Rolling Deficit is $1.7 Trillion in April 2026
Read moreThe federal government borrowed $1.7 trillion over the past year – May 2025 to April 2026 – based on estimates from the Congressional Budget Office...
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Maya MacGuineas and Rob Portman: It's time for urgency and hard choices as US debt soars
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. Rob Portman is a former Senator from Ohio. They recently wrote an...
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Maya MacGuineas: Social Security is Broken. Benefits Cuts for the Rich Are the Fix.
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for Barron's, an excerpt of which...
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Ways & Means Zeroes in on Hospital Costs
Read moreLast week, the Committee on Ways and Means held a hearing on the high cost of hospital care with leaders of various health systems. Over the course of...
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Debt Ceiling Q&A
Read moreThe debt ceiling currently stands at $41.1 trillion, having been lifted to that level by the One Big Beautiful Bill Act (OBBBA) signed into law on...
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Treasury & Markets Anticipate At Least $2 Trillion FY 2026 Deficit
Read moreThe U.S. Treasury Department released its Quarterly Refunding Documents for Q2 of Calendar Year 2026 today. These documents include information from...
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CBO Scores FY 2026 Reconciliation at $72 Billion
Read moreThe Senate Judiciary and Homeland Security and Governmental Affairs (HSGAC) Committees released draft reconciliation legislation for Fiscal Year (FY)...
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The Case for a 3% of GDP Deficit Target
Read moreAs the debt approaches record levels as a share of the economy, the United States government continues to run the highest peacetime deficits in the...
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 5/4/26: On April 30, the House passed a Department of Homeland Security (DHS) funding bill, ending a partial shutdown that began on February...