While lawmakers can still pass debt-financed tax cuts and mandatory spending increases under statutory PAYGO, the law requires them to review these decisions and ensure that they are not ...
The Committee’s Board comprises some of the nation's leading budget experts, including many past heads of the House and Senate Budget Committees, the Congressional Budget Office, the Office of ...
Under current law, your retirement benefits will be below what is scheduled. For a typical person, that's a in lifetime benefits. * Estimates based on the 2021 Social Security Trustees report, ...
The federal debt is nearly the size of the economy, and deficits are expected to exceed $1 trillion almost every year going forward. In order to help policymakers offset the cost of new spending ...
Large parts of the 2017 Tax Cuts & Jobs Act (TCJA) are set to expire at the end of 2025. Design your own solution below. The TCJA repealed the personal exemption and in its place nearly doubled the ...
Some of our most important federal programs are financed through dedicated revenue sources and managed through federal trust funds. Over the next decade, these trust funds face a combined $3.2 ...