As Congress considers $14 billion of emergency funding to aid Israel and potentially tens of billions more in other one-time foreign and domestic...

The House of Representatives is set to vote on the Israel Security Supplemental Appropriations Act as early as Thursday. This morning, the...

A pending Supreme Court case, Moore v. United States, could have implications that undermine existing tax law, upend the tax code, and cost the U.S...

Less than a week after requesting $106 billion for national security needs, the Biden Administration submitted to Congress a domestic emergency...

Note: This is an archived version of the initial CRFB Debt Thermometer. For the most recent thermometer, see this page . Fiscal policy has profound...

After surging to 19.3 percent of Gross Domestic Product (GDP) in Fiscal Year (FY) 2022, revenue in 2023 plummeted to 16.5 percent of GDP, according to...

According to final data from the Treasury Department, net interest costs reached $659 billion (2.5 percent of GDP) in fiscal year 2023, a $184 billion...

The Internal Revenue Service (IRS) recently released a new analysis of the “ tax gap” – the difference between taxes owed to the federal government...

The Biden Administration submitted to Congress an emergency supplemental funding request last week totaling nearly $106 billion. The request includes...