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...
The Trump Administration recently proposed new tariffs on imports from 60 economies using Section 301, which allows the President to impose trade remedies against unfair trade practices. The White...
