U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...

This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

Lenders have let borrowers pay interest with more debt to conserve cash. Like any financial maneuver, the short-term solution can’t weather a prolonged high-interest environment.

House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...

Credit card issuers are required to include a “minimum payment warning” in compliance with amendments to the Truth in Lending ...

Speaking to the three top House Republican leaders over the past three days at the House GOP retreat here in Doral, Fla., ...

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...

House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President Trump has said he wants to get rid of entirely.

The Back from the Brink campaign calls for the United States to acknowledge that nuclear weapons do not make us safe, but are ...

House Majority Leader Steve Scalise discussed Republicans' plans to grapple with several fiscal deadlines on the horizon.

Strike the right balance with a payment that makes progress on the debt without stretching your budget too thin.

The Federal Reserve, which wraps up its latest monetary policy meeting on Wednesday, is about to enter one of the more ...