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Q&A: Gross Debt Versus Debt Held by the Public
Read moreOn August 18, 2026, the gross national debt exceeded $40 trillion for the first time. This mark serves as an important reminder of the nation's... -
Gross National Debt Reaches $40 Trillion
Read moreThe gross national debt of the United States officially reached $40 trillion for the first time yesterday, according to the U.S. Treasury. The gross... -
Maya MacGuineas Discusses $40T Debt, Affordability on Bloomberg TV
Read moreCommittee president Maya MacGuineas recently appeared on Bloomberg TV's "Balance of Power" with hosts Joe Mathieu and Kailey Leinz to discuss s a wide... -
Treasury Auction Yield Hits Highest in 25 Years
Read moreA $25 billion 30-year Treasury auction this week ended with yields at 5.216% – the highest since 2001. The auction is the latest sign of investors’... -
Don’t Let Social Security’s 91st Birthday Be One of Its Last
Read more91 years ago tomorrow, President Franklin Delano Roosevelt signed into law the Social Security Act of 1935, establishing what is now the nation’s... -
Higher Ed Tax Breaks Could Help Fill Pell Shortfall
Read moreThe Pell Grants program is out of reserves and faces a $100 to $185 billion shortfall over the next decade. As lawmakers work to limit the cost of the... -
Appropriations Watch: FY 2027
Read moreUpdated 8/12/2026: Following the House's passage of a continuing resolution (CR) that would fund the government through December 4, the Senate passed... -
CBO Estimates Trump Class Battleships to Cost $275 Billion Over 30 Years
Read moreLast week, the Congressional Budget Office (CBO) published an estimate of the potential cost of constructing the Navy’s newly proposed, nuclear... -
Treasury Confirms $1.8 Trillion Deficit for First 10 Months of FY 2026
Read moreThe United States borrowed $1.8 trillion in the first ten months of Fiscal Year (FY) 2026, including $432 billion in July, according to the latest... -
12-Month Rolling Deficit is $1.9 Trillion in July 2026
Read moreThe federal government borrowed $1.9 trillion over the past 12 months according to new estimates from the Congressional Budget Office (CBO). Based on... -
CBO Estimates $1.8 Trillion Deficit for First 10 Months of FY 2026
Read moreThe United States borrowed $1.8 trillion in the first ten months of Fiscal Year (FY) 2026, including $431 billion in July, according to the latest... -
National Health Expenditures Continue to Rise
Read moreThe Centers for Medicare & Medicaid Services (CMS) recently released the latest National Health Expenditures (NHEs) projections, estimating health...