As expected, yields on short-term Treasury bills fell in kind, with the 3-month yield dropping from 4.87 percent on September ...

The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the Congressional Budget Office's Monthly Budget Review. The rolling deficit is $188 ...

The House of Representatives will soon vote on the Social Security Fairness Act, legislation which would repeal Social Security’s Windfall Elimination Provision (WEP) and Government Pension Off ...

The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the ...

The U.S. Department of the Treasury recently released its final Monthly Treasury Statement for Fiscal Year (FY) 2024, showing ...

Regardless of political views, we should all want the federal government to spend scarce dollars wisely. An aggressive effort to reduce waste, fraud, abuse, and inefficiencies could save billions or ...

The United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget ...

The 2017 Tax Cuts and Jobs Act (TCJA) includes a $10,000 limit on the deduction for State and Local Taxes (SALT), which helps finance some of its costs. Large parts of the TCJA are scheduled to expire ...

The Committee’s Board comprises some of the nation's leading budget experts, including many past heads of the House and Senate Budget Committees, the Congressional Budget Office, the Office of ...

The “Earned Income Tax Credit” is paid out to working families with low to moderate incomes. A family with more children receives a larger credit. The Earned Income Tax Credit is listed as both a ...