Latest
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Debt Reaches 100% of GDP
Read moreThe national debt hit 100.2% of Gross Domestic Product (GDP) at the end of March, based on new economic data released by the Bureau of Economic... -
Debt Surpasses Size of the Economy
Read moreThe national debt exceeded 100% of Gross Domestic Product (GDP) last month, based on new economic data released by the Bureau of Economic Analysis... -
Waiting To Rescue Social Security Has Weakened Our Options
Read moreSocial Security’s retirement trust fund is less than seven years from insolvency, at which point beneficiaries face the prospect of a 24% benefit cut... -
What’s in the Senate FY 2026 Budget Resolution?
Read moreThe Senate adopted its Fiscal Year (FY) 2026 budget resolution last night, kicking off the reconciliation process. Unfortunately, the budget is about... -
1% Higher Interest Rates Add $3.5 Trillion in Debt
Read moreInterest costs will exceed $1 trillion this year and have nearly tripled from $345 billion in Fiscal Year (FY) 2020. By FY 2036, the Congressional... -
Senate Budget Resolution Falls Short
Read moreThe Senate Budget Committee released a Fiscal Year 2026 budget resolution today that is expected to receive a vote in the full Senate soon. The... -
Senator Wyden Introduces Tax Week Revenue-Raisers
Read moreSenator Ron Wyden (D-OR), the Ranking Member of the Senate Finance Committee, introduced five bills this week to close tax loopholes, improve tax... -
Reconciliation 101
Read moreWhat is Reconciliation? How do Reconciliation Instructions Work? Can a Reconciliation Bill Add to the Deficit? What is the “Byrd Rule”? What are Other... -
Trump CEA Projections Tracker
Read moreBefore the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal... -
Recent Metal Tariff Changes Will Lose $90 Billion, Instead of Raising Revenue
Read moreOn April 2 the Administration issued a proclamation adjusting tariffs on imports of aluminum, steel, and copper. Contrary to the initially reported... -
House Budget Committee Examines 3% Deficit-to-GDP Target
Read moreOn March 26, 2026, the House Budget Committee held a hearing titled “The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Path to Fiscal... -
Inflation Spikes to Highest in Nearly Two Years
Read moreThe Consumer Price Index (CPI) increased a massive 0.9% in March, driven largely by rising energy prices, and is up 3.3% over the past year – putting...