The Social Security retirement program is just six years from insolvency, according to the program’s trustees. At that point, ...
The House’s proposed FY 2027 budget resolution includes reconciliation instructions to four House committees, allowing for up to $95 billion in primary (non-interest) deficit increases over the coming ...
Dick Durbin (D-IL), Tim Kaine (D-VA), Angus King (I-ME), and Thom Tillis (R-NC) introduced the PROMISE Act, legislation to establish a process for restoring solvency to Social Security. The bill would ...
The United States borrowed $1.4 trillion in the first nine months of Fiscal Year (FY) 2026, including $120 billion in June, according to the latest Monthly Treasury Statement from the Treasury ...
The House Budget Committee this morning released text of a Fiscal Year (FY) 2027 budget resolution ahead of its committee markup. The budget would allow for $95 billion in primary deficit increases ...