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Is Life Expectancy Really Falling?
Read moreDuring the fifth GOP presidential primary debate, Florida Governor Ron DeSantis argued against raising the Social Security retirement age because...
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How Much Would the Wyden-Smith Tax Deal Cost?
Read moreSenate Finance Committee Chairman Ron Wyden (D-OR) and House Ways & Means Committee Chairman Jason Smith (R-MO) recently put forward a bipartisan plan...
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Now is the Right Time for a Bipartisan Fiscal Commission
Read moreThe House Budget Committee is scheduled to mark up the Fiscal Commission Act of 2024, a bill introduced by Representatives Bill Huizenga (R-MI) and...
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Where Do the Candidates Stand on Social Security?
Read moreIn less than ten years, Social Security’s retirement trust fund will be insolvent. Under the law, this will trigger an immediate 23 percent cut in...
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Update: Talking Debt and Deficits in the GOP Debates
Read moreIn the first five Presidential GOP primary debates, the current active GOP candidates have mentioned the deficit or debt a combined 31 times, with...
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CRFB Reacts to Wyden-Smith Tax Cut Deal
Read moreToday, Senate Finance Committee Chairman Ron Wyden (D-OR) and House Ways & Means Committee Chairman Jason Smith (R-MO) announced a potential tax cut...
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Government Shutdowns Q&A: Everything You Should Know
Read moreThis paper has been updated here. The second continuing resolution (CR) for fiscal year (FY) 2024 expires in two tranches, the first of which funds 4...
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The Deficit Hit $1.8 Trillion in Calendar Year 2023
Read moreThe federal budget deficit totaled $1.8 trillion in calendar year (CY) 2023, up 5 percent from the fiscal year deficit of $1.7 trillion and 20 percent...
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Treasury Confirms Calendar Year 2023 Deficit Tops $1.8 Trillion
Read moreThe Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $1.8 trillion in calendar year 2023,...
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From Riches to Rags: Causes of Fiscal Deterioration Since 2001
Read moreIn 2001, the federal government ran a $128 billion budget surplus and was projected to pay off the national debt by 2009. Since then, the government...
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How Much Did President Trump Add to the Debt?
Read moreNote: We published a more comprehensive, up-to-date comparison analysis of the amount of new ten-year borrowing approved by both Presidents Trump and...
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Maya MacGuineas on Bloomberg TV's "Wall Street Week"
Read moreCommittee president Maya MacGuineas recently joined "Wall Street Week" with David Westin to discuss President Joe Biden and Donald Trump's policy...