The federal government borrowed $1.7 trillion over the past year – May 2025 to April 2026 – based on estimates from the Congressional Budget Office (CBO) . Due to revenue collection from tax filing...
Last week, the Committee on Ways and Means held a hearing on the high cost of hospital care with leaders of various health systems. Over the course of the hearing, Chair Jason Smith (R-MO) and other...
The debt ceiling currently stands at $41.1 trillion, having been lifted to that level by the One Big Beautiful Bill Act (OBBBA) signed into law on July 4, 2025. Prior to OBBBA’s enactment, the debt...