Tim Penny is a former Congressman from Minnesota and a Co-Chair of the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for the Washington Examiner , an excerpt of which...
Before the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal projections showing considerable expected economic and...
The federal government borrowed $2.1 trillion over the past 12 months – November 2025 to October 2026 – based on estimates from the Congressional Budget Office (CBO). CBO estimates that the October...