Some lawmakers have called for increasing federal health care spending by $1.5 trillion to permanently extend the expiring enhanced ...
The Senate may soon vote on resolutions to repeal the national emergencies that the Trump Administration has utilized to put in place significant tariffs on most countries around the world.
The federal government raised $195 billion in customs duties in Fiscal Year (FY) 2025, more than 250% of what it collected in ...
The Social Security Administration announced today that beneficiaries will receive a 2.8% Cost-of-Living Adjustment (COLA) ...
On October 22, the Committee for a Responsible Federal Budget hosted Saving the Trust Funds: New Solutions for Social ...
It’s tough to decide what the most appalling part is of today’s announcement from the Treasury: that we surpassed an unprecedented $38 trillion in gross national debt; that we’ll likely hit the next ...
With our national debt currently at 100 percent of Gross Domestic Product (GDP), America has never entered any kind of ...
Social Security is rapidly approaching insolvency. The retirement trust fund is seven years from exhaustion, and the theoretically combined trust funds are nine years from running out.
Some of the nation’s largest and most important programs are financed through government trust funds that collect dedicated revenues and then distribute those funds. This includes Social Security’s ...
Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new estimates from the program’s Chief Actuary. Even if combined with the disability ...
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