The Social Security and Medicare Trustees released their annual reports today, finding that both programs have significantly worse financial outlooks and are fast approaching insolvency. The Trustees...
The federal government borrowed $1.7 trillion over the past year – June 2025 to May 2026 – based on estimates from the Congressional Budget Office (CBO) . CBO estimates that the May 2026 deficit was...
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Albany Times Union , an excerpt of which is below. How much is $511 a month...