The federal government has borrowed $1.6 trillion over the past 12 months based on new estimates from the Congressional Budget Office (CBO). In November 2025, CBO estimates that borrowing totaled $155...
Update 12/10/2025: In place of the proposal described below, the Senate is now expected to vote on a clean three-year extension of the enhanced subsidies, which CBO estimates will cost nearly $85...
The Pell Grant program faces a large funding gap, despite the one-time infusion of funding enacted as part of the One Big Beautiful Bill Act (OBBBA). Based on data from the Congressional Budget Office...