Outside of reconciliation, the budget also includes a net $7.8 trillion of deficit reduction over the next decade that would result in the debt stabilizing at its current level of 99 percent of Gross ...

The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, based on estimates from ...

David Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former US Representative for Michigan.

Reduce revenue by $5.0 trillion to $11.2 trillion over ten years. Lower revenue by 1.3 to 3.0 percent of Gross Domestic ...

The United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according to the latest ...

The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

The $3 trillion of claimed dynamic feedback is 14 times as large as the average estimate of $213 billion. Producing $3 ...

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNBC's "The Exchange" to discuss the Committee's estimates of President Trump’s ...