It would take roughly $7.5 trillion of deficit reduction over the next decade to bring the deficit down to 3 percent of GDP ...

Importantly, the CRFB Adjusted August 2025 Baseline does not incorporate the dynamic effects from OBBBA nor other changes to ...

Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new ...

With Social Security’s 90 th birthday approaching, The New York Times (NYT) published an article this week alleging “ 6 myths ...

There are also a variety of health-related policy options available to offset any extension, including many outlined in our ...

The gross national debt of the United States reached $37 trillion yesterday according to the U.S. Treasury. Gross debt had been held roughly constant at around $36.2 trillion since January after the ...

2025-08-21-What is Medicare?What is Medicare? Medicare is the federal health insurance program that helps people age 65 and older, as well as some younger people with certain disabilities, pay for ...

2025-08-21-What is Social Security?OASI is funded primarily through payroll taxes. Workers and employers each contribute 6.2 percent of wages, up to an annual limit ($176,100 in 2025). Self-employed ...

2025-08-21-What is Budget Reconciliation?Whenever a reconciliation bill is moving through the Senate, any senator can raise a challenge — known as a point of order — if they believe part of the bill ...