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 s ...
The United States borrowed $2 trillion in Fiscal Year (FY) 2026, including $27 billion in the month of September, according ...
Media Coverage A looming Social Security crisis could cut retirees' payments by 26%. Experts warn the clock is ticking. Read more ...
Social Security beneficiaries will receive a 3.6% cost-of-living adjustment (COLA) in 2027, based on today’s inflation data. This COLA will be 0.8 percentage points higher than last year’s 2.8% COLA ...
Tax fraud costs the federal government between $116 billion and $304 billion each year, according to a recent analysis by t ...
The Congressional Budget Office (CBO) released an analysis today of the impact of higher interest rates on the national debt relative to its February 2026 baseline. Today, the 10-year Treasury yield ...
Strong economic growth will be needed to help fix the debt problems the country faces, and lawmakers should take growth effects into consideration when evaluating policy changes. A 0.1 percentage ...
Interest rates across the yield curve have been hitting multi-decade highs, with the 30-year Treasury bond closing at 5.5% today – the highest level since 2004 – and the 10-year Treasury note closing ...
UPDATE (June 2024): This analysis has been updated for CBO's June 2024 baseline update. Importantly, even a significant divergence from 2018 projections would not prove the original estimates of TCJA ...
The Pell Grant program will end 2026 in the red and faces a cumulative 10-year shortfall exceeding $100 billion, according to the Congressional Budget Office’s (CBO) February 2026 baseline. Without ...
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