The White House Office of Management and Budget (OMB) recently released its Mid-Session Review (MSR) for the Preside ...

This November, the Supreme Court will hold oral arguments on whether a large swath of President Trump‘s tariffs are illegal or not, possibly leading to a ruling before the end of the year. The U.S.

Chris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an op-ed for the Washington Monthly, an excerpt of which is below: ...

The Congressional Budget Office (CBO) recently released its updated economic projections for 2025 through 2028, updated from ...

Fiscal Year (FY) 2025 will end at midnight on September 30, and unless policymakers agree on passing all 12 appropriations bills or passing a continuing resolution (CR) before then, the federal ...

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 ...

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 ...

The Social Security and Medicare trust funds are only a little more than seven years from insolvency, based on projections from the programs’ own Trustees in combination with our estimates of the ...

Source: CBO, CRFB estimates based on current policy adjustment. Figures may not sum due to rounding. Even these numbers understate the potential costs of the bill, since the legislation relies on a ...

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 ...