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 International Monetary Fund (IMF) recently released its latest World Economic Outlook, highlighting persistent global growth but heightened risks. The IMF estimates that global Gross Domestic ...

Last week, The New York Times published an op-ed entitled “We Don’t Need to Raise Taxes to Have ‘Medicare for All’.” In it, Lindsay Koshgarian, Director of the National Priorities Project at the ...

As the national debt continues to climb toward record levels – totaling 100% of Gross Domestic Product (GDP) at the end of Fiscal Year (FY) 2025 – interest on the national debt has also risen ...

The Social Security retirement program is only seven years from insolvency, at which point the law calls for a 24% across-the-board benefit cut – an $18,400 cut for a typical couple retiring in 2033.

We have published an abbreviated update of this analysis, incorporating additional legislation, updated cost estimates, and new economic projections. We now find the COVID-19 response to be larger ...

The Tax Policy Center (TPC) recently published analyses of several options to raise the $10,000 State and Local Tax (SALT) deduction cap, which is set to expire at the end of 2025 but could be part of ...

We have published an updated analysis "What Would It Take to Balance the Budget? An Update" to account for the Congressional Budget Office's latest ten-year budget projections. Balancing the budget ...

The recent release of the final Monthly Treasury Statement from the Treasury Department shows that net interest costs totaled $882 billion in Fiscal Year (FY) 2024. The Monthly Treasury Statement ...

In its June 2023 Long-Term Budget Outlook, the Congressional Budget Office (CBO) dedicated an entire section to discussing the risks and threats of high and rising federal debt and deficits. CBO’s ...