UNCOVERED: Congressional budget office | History Defined

U.S. debt interest payments hit $3 billion a day and jumped 8% in fiscal 2026 — faster than total federal spending, revenue and GDP growth

Net interest payments rose 8% to $1.05 trillion in fiscal year 2026, while revenue increased 3% to $5.4 trillion and spending grew 6% to $7.4 trillion.

Fortune · 4h ago

Social Security COLA 2027 Hands Retirees a Bigger Cheque, but Medicare and a 2032 Shortfall Could Claw It Back

Social Security's 3.6% COLA for 2027 adds about $75 a month from January, but a Medicare premium rise and a looming 2032 trust fund cut will erode the gain.

International Business Times UK · Oct 16

The Federal Government Collected $5.4 Trillion. It Still Can't Pay Its Bills.

Entitlement spending, defense spending, and interest payments on the debt continue to climb.

Reason · Oct 15

Trump's Medicaid cuts strip refugees and other legal immigrants of their health coverage

The Trump administration has cut Medicaid coverage for hundreds of thousands of legal immigrants, including refugees and trafficking victims

The Independent UK · Oct 10

Pallone Bill Would End Surprise Billing Arbitration in 2028 and Set Out-of-Network Pay at Insurers' Median Rates

A new House bill would replace No Surprises Act arbitration with a median in-network payment standard. What it could mean for premiums and bills.

Medical Daily · Oct 10

Ken Paxton Caught on Leaked Audio Calling for Benefit Cuts as Lobbyist Seeks Tax Break: 'We Have to Suck It Up'

Leaked audio captures Senate nominee Ken Paxton calling for cuts to mandatory federal spending and backing lower taxes at a private fundraiser.

International Business Times UK · Oct 8

Is America’s $40 trillion debt driving Treasury yields above 5% as interest costs hit $1 trillion and overtake defense spending?

America’s debt has crossed $40 trillion, with roughly $1 trillion added in only five months. A 10-year Treasury yield of 5.04% has made new borrowing more expensive, while net interest payments reached $970 billion in fiscal 2025; about $150 billion above defense spending. Moody’s removed the U.S. government’s last AAA…

The Economic Times · Oct 5

Medicare Wheelchair Users Could Stop Paying Upfront Cost for Titanium or Carbon-Fiber Chairs Under Bill Headed to President

A bill cleared by Congress would let Medicare users pay only the upgrade cost for titanium or carbon-fiber wheelchairs, with new billing codes due in 2028.

Medical Daily · Oct 5

What the bond market reveals about Congress, the national debt and the middle class—and where America goes from here

The only real solution is to put fiscal policy on a sustainable trajectory, but on the tax side, it’s important to realize we have limited room.

Fortune · Oct 3

How a Republican Victory in November Could Affect Families, Retirees, and Workers

The November 2026 midterm elections won’t put a president on the ballot, but they could still influence some of the rules that determine what families...

Saving Advice · Oct 1