Some of the nation’s largest and most important programs are financed through government trust funds that collect dedicated ...

The White House Office of Management and Budget (OMB) recently released its Mid-Session Review (MSR) for the Preside ...

Government funding runs out at midnight tonight, with none of the twelve appropriations bills nor a temporary continuing resolution (CR) having been passed and signed into law.

The federal government will shut down at midnight on October 1 without action by lawmakers. Below are resources to learn what you need to know about shutdowns and the appropriations process.

Media CoverageTrump admin signals Congress will need to consider all options as insolvency looms in 2034 Read more ...

This is the second time that both resolutions were rejected by the Senate. On September 19, the House-passed continuing resolution failed in the Senate by a vote of 44 to 48. That same day, the upper ...

In our series, Budgeting for the Next Generation, we review federal programs for children and assess how they fare in the federal budget and the budget process. [*] Many federal programs for children ...

In 2001, the federal government ran a $128 billion budget surplus and was projected to pay off the national debt by 2009. Since then, the government has borrowed an additional $23 trillion, bringing ...

The Social Security and Medicare Trustees released their annual reports today on the financial status of the programs. The Trustees find that both Social Security and Medicare are within a decade of ...

After two decades of uninterrupted borrowing – including three years in which deficits surpassed 10 percent of the economy – the U.S. national debt is higher as a share of Gross Domestic Product (GDP) ...