The Supreme Court has upheld lower court decisions in striking down a wide swath of President Trump’s tariffs on grounds that he exceeded his legal authority in imposing them.

Under that scenario, deficits would total 7.3% of GDP over the FY 2026 to 2036 period – including 8.1% of GDP in 2036 – and ...

The Congressional Budget Office (CBO) released its February 2026 Budget and Economic Outlook today, updating its ...

The Congressional Budget Office (CBO) just released its February 2026 Budget and Economic Outlook, its first full ten-year ...

The United States borrowed $696 billion in the first four months of Fiscal Year (FY) 2026, including $94 billion in January, ...

The federal government has borrowed $1.6 trillion over the past 12 months based on the latest estimates from the ...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an excerpt of which is below.

On February 18, 2026, Chris Towner, policy director of the Committee for a Responsible Federal Budget, gave a presentation on the February 2026 Congressional Budget Office (CBO) baseline.

Funding for the Department of Homeland Security (DHS) will expire at midnight tonight. Absent a last-minute agreement to fund DHS today, it will commence a shutdown on Monday. The other 11 ...

The Congressional Budget Office (CBO) released its Budget and Economic Outlook today. CBO projects that debt held by the public will surpass its record as a share of the economy in 2030 – just four ...

Policymakers enacted the Corporate Alternative Minimum Tax in 2022 to generate new revenue from low-taxed corporations. If current policymakers don’t like that tax, they should repeal and replace it ...

Under the Medicaid program, the federal government helps finance state health care spending with a matching rate calculated based on the Federal Medical Assistance Percentage (FMAP). As we’ve shown ...