When the Social Security and Medicare trust funds run out in the early 2030s, the law is clear: Benefits must be slashed.

The report contains a number of unsurprising yet eye-opening nuggets about the inability of Congress to responsibly manage the nation’s financial concerns. The deficit for fiscal 2025 was $1.775 ...

Your representatives may finally grab the feared "third rail" of U.S. politics. When the Social Security and Medicare trust ...

Added revenue from Trump's tariffs will reduce deficits by about $3 trillion, including economic effects and lower debt payments, CBO said. FAR HIGHER INTEREST COSTS The forecasts show some deficit ...

The Congressional Budget Office warned Wednesday about the nation’s fiscal trajectory as it raised its projection for the 2026 deficit to $1.9 trillion and said that the cumulative deficit from 2026 ...

Total healthcare spending by the American people is projected to reach at least $5.9 trillion this year. Over $2 trillion of ...

The Congressional Budget Office (CBO) released its February 2026 Budget and Economic Outlook today, updating its ...

Worsening federal deficits are driven by increased spending on Social Security, Medicare, and debt service payments.

Analysis points to historically large peacetime deficits and debt levels, raising new questions for advisors about retirement income security and future policy changes.

The Congressional Budget Office on Wednesday warned yet again that the US is on an unsustainable fiscal path, jacking up its ...

The Congressional Budget Office predicts Medicare spending will reach $2 trillion by 2036 due to rising enrollment and costs ...

As a result of these changes, the projected 2026 deficit is about $100 billion higher, and total deficits from 2026 to 2035 ...