The Congressional Budget Office (CBO) recently found that extending the 2017 Tax Cuts and Jobs Act (TCJA) and adding $1.5 ...

The concurrent budget resolution for Fiscal Year (FY) 2025, adopted by the House last week and the Senate the week prior, ...

Policymakers are considering enacting several new tax cuts on top of the Tax Cuts and Jobs Act (TCJA) extension in the forthcoming reconciliation bill, including no taxes on tips, Social Securi ...

The Department of Education announced yesterday a multi-pronged plan to restart collections on defaulted loans and begin an outreach campaign to federal student loan borrowers that they need to ...

The concurrent budget resolution for Fiscal Year (FY) 2025 has been adopted by both the House and Senate. It includes reconciliation instructions that set up trillions of dollars in additional ...

The United States borrowed $596 billion from January through March 2025 – up $41 billion from January through March 2024, ...

The Senate’s proposed concurrent Fiscal Year (FY) 2025 budget resolution would allow policymakers to add $5.8 trillion to primary deficits through 2034 via a reconciliation package. Such a bill would ...

Update (4/11/2025): The Senate adopted the budget described below on April 5, 2025, and the House adopted the budget on April 10, 2025, making this the concurrent budget resolution for FY 2025. The ...