The debt ceiling currently stands at $41.1 trillion, having been lifted to that level by the One Big Beautiful Bill Act (OBBBA) signed into law on July 4, 2025. Prior to OBBBA’s enactment, the debt...
The Senate Judiciary and Homeland Security and Governmental Affairs (HSGAC) Committees released draft reconciliation legislation for Fiscal Year (FY) 2026 late last night. The Congressional Budget...
As the debt approaches record levels as a share of the economy, the United States government continues to run the highest peacetime deficits in the nation’s history, outside of a recession or...
