About half of all U.S. hospitals are designated as “charitable” nonprofit institutions by the Internal Revenue Service (IRS).

The Social Security retirement trust fund is now less than six years from insolvency, according to CRFB’s Insolvency Countdown Clock. Without action from policymakers, beneficiaries will face a deep ...

The bill would require the House Appropriations Committee to bundle the 12 appropriations bills into four packages for markup once they had all passed their respective subcommittees. The goal is to ...

We have published an abbreviated update of this analysis, incorporating additional legislation. We now find the COVID-19 response to be larger than the response to the Great Recession as a percentage ...

Over the four years of President Biden’s term – from January 2021 through January 2025 – we estimate that he approved $4.7 trillion in new ten-year debt through legislation and executive actions. The ...

The analysis below updates our previous analysis "What Would It Take to Balance the Budget?" to account for the Congressional Budget Office's latest ten-year budget projections. Balancing the budget ...

Senators John Curtis (R-UT) and Angus King (I-ME) recently introduced the Fiscal Commission Act, a bipartisan bill that would establish a fiscal commission to address the nation’s increasingly ...

Interest on the national debt is projected to be the fastest growing part of the federal budget. We estimate, based on the Congressional Budget Office's (CBO) July 2021 economic forecast, the federal ...