The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the $2...
Updated 1/9/26: On January 8, the House passed legislation that would provide full-year Commerce, Justice, and Science, Energy and Water Development, and Interior and Environment appropriations by a...
Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum, joined by Representatives Lloyd Smucker (R-PA) and Mike Quigley (D-IL), introduced a resolution...