Importantly, the CRFB Adjusted August 2025 Baseline does not incorporate the dynamic effects from OBBBA nor other changes to ...

Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new ...

There are also a variety of health-related policy options available to offset any extension, including many outlined in our ...

With Social Security’s 90 th birthday approaching, The New York Times (NYT) published an article this week alleging “ 6 myths ...

The gross national debt of the United States reached $37 trillion yesterday according to the U.S. Treasury. Gross debt had ...

On August 7, the Trump Administration finalized a new set of “reciprocal tariff rates” that generally range from 10 to 41 ...

Pay-As-You-Go” or PAYGO rules and laws require offsets for new tax cuts and mandatory spending so they do not add to the debt ...

Note: This blog was updated on 8/4/25 to reflect CBO's newly-released estimates of the permanent cost of certain expiring tax provisions in OBBBA. The recently-enacted One Big Beautiful Bill Act ...

The Congressional Budget Office (CBO) just published their “current policy” score of the Senate reconciliation bill, showing the bill would add about $500 billion less to the deficit than extending ...