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

Upcoming Congressional Fiscal Policy Deadlines – Outlines the key upcoming fiscal policy deadlines lawmakers will confront, like the expiration of government funding, Fiscal Responsibility Act ...

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.

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

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 ...

Fiscal Year (FY) 2025 will end at midnight on September 30, and unless policymakers agree on passing all 12 appropriations bills or passing a continuing resolution (CR) before then, the federal ...

CBO’s updated economic projections have changed primarily due to the implementation of new tariffs, numerous tax and spending changes from the One Big Beautiful Bill Act (OBBBA), and significant ...

From September 2024 through August 2025, the federal government borrowed $1.9 trillion based on estimates from the Congressional Budget Office (CBO). The monthly deficit was $360 billion in August ...

Fiscal Year 2025 will end on September 30, and none of the 12 appropriations bills to fund the government have been signed into law. Without action from lawmakers, the federal government will shut ...