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.
The United States borrowed $1.8 trillion in Fiscal Year (FY) 2025 according to the latest Monthly Treasury Statement from the Treasury Department. This deficit is similar to last year’s, despite an ...
The Social Security retirement and Medicare Hospital Insurance (HI) trust funds are approaching insolvency, with both trust ...
Today, the Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2025 budget deficit in its Monthly Budget Review, projecting that the deficit totaled $1.8 trillion in FY ...
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