House GOP preps all-in-one budget blueprint for committee vote - Roll Call House Republicans are plowing ahead with a budget resolution markup on Thursday before the chamber’s scheduled one-week recess begins. Roll Call · Feb 11, 2025
Social Security Fairness Act Payments Checklist: Nine Things to Know This Social Security Fairness Act checklist explains what public sector retirees can expect from SSFA, including when their payments will arrive and how much more money they may receive. Kiplinger · Feb 5, 2025
Divided House GOP searches for solution on budget resolution - Roll Call House Republicans are trying to avoid letting the Senate jump ahead and take the steam out of the House’s budget reconciliation bill. Roll Call · Feb 5, 2025
Social Security Fairness Act Retroactive Payments and 2025 Increases Are Delayed Public sector retirees, spouses' or surviving spouses' benefits will be delayed until further notice. The SSA must manually adjust benefits for over 3 million beneficiaries. Kiplinger · Jan 28, 2025
Have Trump’s tariff threats helped China boost its exports? Trump has said he is considering imposing a 10 percent tariff on China from February. Al Jazeera · Jan 22, 2025
US National Debt Projected To Rise By .9 Trillion CBO outlook warns of .9 trillion national debt increase, rising deficits, and challenges ahead. Top News · Jan 18, 2025
Congressional Budget Office Offers Dire Warning About Annual Deficits Dwarfing GDP Congressional Budget Office Director Phillip Swagel said the current projections are based on the 2017 tax cuts ending. That means the numbers could get worse. International Business Times · Jan 17, 2025
CBO projects U.S. debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump The Independent UK · Jan 17, 2025
US population projections shrink from last year because of declining birth rates, less immigration The Congressional Budget Office has shrunk its projections for the U.S. population in 30 years to 372 million residents The Independent UK · Jan 15, 2025
How Would Raising the Social Security Retirement Age to 69 Affect You? Workers have two choices if the full retirement age ever increases to 69. Work longer or collect less. Kiplinger · Jan 15, 2025
Millions will get higher Social Security benefits after Biden signs 'fairness' bill "Americans who have worked hard all their lives to earn an honest living should be able to retire with economic security and dignity," Biden said. Fortune · Jan 7, 2025
Trump tariffs would shrink the federal deficit, but also the economy, CBO says The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034. Fortune · Jan 4, 2025
The first quarter of the 21st century wasn’t great for investors. The next needs an AI boost Debt, demographics and geopolitics aside, swing factor is whether artificial intelligence can revolutionise productivity The Guardian - UK · Dec 26, 2024
Trump's Tariffs Will Shrink the Economy and Reduce Investment, CBO Says Bonus: They're unpopular too, according to a new poll. Reason · Dec 23, 2024
Kiplinger · Dec 17, 2024 End of Expanded Premium Tax Credit Would Drive Uninsured Rates Higher Millions of people could become uninsured if Congress fails to extend the enhanced premium tax credit.
Reason · Dec 16, 2024 Senate Tees Up $200 Billion Social Security Giveaway to Public Sector Workers The Social Security Fairness Act will boost payouts to public sector workers who receive pensions and did not pay taxes to support Social Security.
Reason · Dec 12, 2024 Keeping These Tax Cuts Is a Bad, Expensive Idea Everyone loves lower taxes, but cutting them without reducing spending is bad news for the national debt.
Latin Times · Nov 25, 2024 Vulnerable Programs for Musk and Ramaswamy's 'Chainsaw' Commission on Federal Spending Elon Musk and Vivek Ramaswamy will soon become the co-chairs for the Department of Government Efficiency, promising to slash budgets of everyday programs.
Reason · Nov 24, 2024 The Math on Mass Deportation Doesn't Add Up Flawed calculations and overlooked benefits show why Trump's immigration plan would be a fiscal disaster for America.
Roll Call · Nov 18, 2024 Senate farm bill differs from House on CCC, food stamp benefits - Roll Call The Senate's draft farm bill comes with only a few weeks left to finish legislation and with differences from the House bill.
Reason · Nov 14, 2024 Abolish the Federal Minimum Wage There is a "virtual consensus" among economists that the minimum wage puts people out of work.
Reason · Nov 13, 2024 Trump Has No Discernible Interest in Fiscal Responsibility The president-elect’s record and campaign positions belie Elon Musk’s talk of spending cuts.
Reason · Oct 18, 2024 Medicare-Covered Ozempic and Long-Term Care Would Be Very Pricey Healthcare promises always come with high costs.
The Guardian - US · Oct 11, 2024 Politicians’ proposals would only minimally lower US drug prices, says report Advocates say multiple strategies must be used to lower prices as new drugs threaten to bankrupt health system
Reason · Oct 10, 2024 Biden and Harris' Record on Spending and Debt Is a Tragedy of Epic Proportion When they entered the White House, the budget deficit was a pandemic-influenced $2.3 trillion, and it was set to fall to $905 billion by 2024. It's now twice what it was supposed to be.