On October 22, the Committee for a Responsible Federal Budget hosted Saving the Trust Funds: New Solutions for Social ...

It’s tough to decide what the most appalling part is of today’s announcement from the Treasury: that we surpassed an unprecedented $38 trillion in gross national debt; that we’ll likely hit the next ...

With our national debt currently at 100 percent of Gross Domestic Product (GDP), America has never entered any kind of ...

Social Security is rapidly approaching insolvency. The retirement trust fund is seven years from exhaustion, and the theoretically combined trust funds are nine years from running out.

The United States borrowed $1.8 trillion in Fiscal Year (FY) 2025 according to the latest Monthly Treasury Statement from the Treasury Department. This deficit is similar to last year’s, despite an ...

The Social Security retirement and Medicare Hospital Insurance (HI) trust funds are approaching insolvency, with both trust ...

The RADV program is a tool CMS uses to identify and recover overpayments to MA. Only a few months ago, CMS touted its commitment to beefing up this program, leveraging the 2023 final rule. Through ...

Committee for a Responsible Federal Budget president Maya MacGuineas recently joined John Kasich, former Congressman and Governor of Ohio and a member of the Committee, on the first episode of the ...

Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new estimates from the program’s Chief Actuary. Even if combined with the disability ...

The House of Representatives passed the Senate reconciliation bill, sending it to the President’s desk. This bill will be the most expensive reconciliation bill in history, adding $4.1 trillion to the ...

Sources: CRFB estimates based on data from the Joint Committee on Taxation and the Congressional Budget Office. Note: individual provisions are calculated by adding a current policy adjustment to the ...