The next President will face significant fiscal challenges upon taking office, including record debt levels, large structural ...

The Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review, showing a ...

The Congressional Budget Office (CBO) today released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Revi ...

The letter follows a growing chorus of calls on the need to address rising debt and deficits and can be found here.

One gimmicky temptation will be to pull a bait-and-switch with budget baselines and pretend that tax cuts should be scored against a “current policy baseline” – a baseline that assumes the policies ...

Recently revised data from the Bureau of Economic Analysis shows that Gross Domestic Product is about 1.3 percent ...

Members of the Bipartisan Fiscal Forum (BFF) spoke yesterday on the House of Representatives floor to highlight the danger ...

Former President Donald Trump recently proposed eliminating taxes on overtime pay. On a static basis, we estimate ending taxes on all overtime pay would reduce revenue by $1.7 trillion from Fiscal ...

Improper payments cost the federal government $236 billion in Fiscal Year (FY) 2023, according to testimony from the Government Accountability Office (GAO)’s Chief Operating Officer Orice Williams ...