Updated projections from the Congressional Budget Office (CBO) show that tariffs enacted this year will reduce debt ...

Lawmakers should ensure that any extension of the enhanced ACA subsidies is not only fully paid for, but also reduces ...

But earlier this year, the Social Security trustees issued a dire wake-up call: they project that the trust fund that allows the program to currently pay full promised benefits will be exhausted in ...

The next few years will include several predictable fiscal policy deadlines, as various policies take effect, expire, or change. Many of the deadlines could bring additional costs if Congress acts ...

Find the latest analysis and findings on Trust Fund Solutions from the Committee for a Responsible Federal Budget.

In this piece, we show that over 75 years, borrowing to fund Social Security could: Add over $150 trillion to the debt when adjusted for inflation, or over $700 trillion nominally Boost debt by over ...

The enactment of the One Big Beautiful Bill Act (OBBBA), new tariffs framework, and other changes have meaningfully changed the fiscal outlook since the Congressional Budget Office’s (CBO) January ...

In 2001, the federal government ran a $128 billion budget surplus and was projected to pay off the national debt by 2009. Since then, the government has borrowed an additional $23 trillion, bringing ...

The national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by Presidents Trump and Biden during their time in ...

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. Without ...

The Social Security and Medicare Trustees released their annual reports today on the financial status of the programs. The Trustees find that both Social Security and Medicare are within a decade of ...

Sources: CRFB estimates based on data from the Joint Committee on Taxation and the Congressional Budget Office. Note: individual provisions are calculated by adding a current policy adjustment to the ...