Net interest on the national debt, the fastest growing part of the budget, is projected to more than double from $970 billion in Fiscal Year (FY) 2025 to $2.1 trillion by FY 2036 under the...
Updated 2/17/26: On February 14, Homeland Security funding expired, causing a partial government shutdown affecting only that department. The spending measure enacted at the start of February only...
Deficits would need to be reduced by $9.5 trillion over the next decade to stabilize debt at 100% of Gross Domestic Product (GDP). Roughly $10 trillion of deficit reduction would be required through...