Last night, President Trump promised to issue a $5,000 “dividend” to every adult citizen in the United States should his party retaine ...

Speaking at the Republican Midterm Convention yesterday in Dallas, Texas, President Trump floated a new proposal to “issue a dividend to every adult citizen in the United States of America for ...

The interest rate on the ten-year Treasury note topped 5 percent today for the first time since 2023 and – outside of 2023 – the first time since 2007.

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Bloomberg TV's "Balance of Power" with host Kailey Leinz to discuss President Trump’s proposed $5000 divide ...

Over the past 12 months, total revenue was $5.4 trillion compared to $5.2 trillion over the same period prior. Spending was $7.2 trillion over the past 12 months compared to $7.1 trillion in the same ...

As recently as 2001, debt held by the public was 32% of GDP and falling, while the federal government was running annual surpluses of about 1% to 2% of GDP. Today, debt held by the public is 100% of ...

We recently estimated that former President Trump and current President Biden approved $8.4 trillion and $4.3 trillion of new ten-year borrowing (or $4.8 trillion and $2.2 trillion excluding various ...

The U.S. Department of the Treasury recently released its final Monthly Treasury Statement for Fiscal Year (FY) 2024, showing a $1.8 trillion deficit for the year. The actual FY 2024 deficit is $82 ...

Today, the White House announced an indefinite pause of the collection of defaulted federal student loan debt, including through the Treasury Offset Program, which applies any tax refunds towards a ...

The President yesterday signed into law the CARES Act, a $2.3 trillion relief package aimed at ameliorating some of the effects of the economic slowdown and partial shutdown resulting from the ...