Time is running out to save the Social Security retirement trust fund from insolvency in less than six years and ...

Tax fraud costs the federal government between $116 billion and $304 billion each year, according to a recent analysis by t ...

We estimate reforms to charitable tax deductions could generate $20 billion while increasing giving, or $115 billion with little impact on giving, based on a new study from the Tax Policy Center. As a ...

Find the latest analysis and findings on Offset Options from the Committee for a Responsible Federal Budget.

Source: Legislative summaries, bill text, JCT, CBO, CRFB calculations. *Total amount allocated for the renewed PPP program is actually $284 billion, but our net cost reflects a roughly 92 percent ...

Note: We have published a partial update to this analysis, which you can find here. In 2001, the federal government ran a $128 billion budget surplus and was projected to pay off the national debt by ...

The Medicare and Social Security Trustees released their annual reports on the financial status of the trust funds. Our report on the Social Security trust funds can be found here. The Medicare ...

The Senate Judiciary and Homeland Security and Governmental Affairs (HSGAC) Committees released draft reconciliation legislation for Fiscal Year (FY) 2026 late last night. The Congressional Budget ...

The Congressional Budget Office (CBO) released its 2018 Long-Term Budget Outlook today, reiterating the budget’s unsustainable long-term trajectory. CBO projects debt held by the public will reach a ...

Some of the nation’s largest and most important programs are financed through government trust funds that collect dedicated revenues and then distribute those funds. This includes Social Security’s ...