The Census Bureau recently released their latest long-run population projections. Based on their primary demographic assumptions, the number of people living in the United States will rise from 335 million in 2023, reach a peak of 369 million in 2080,…
Federal fiscal year 2023 ended on September 30th and preliminary figures from the Congressional Budget Office indicate that the annual budget deficit totaled $1.7 trillion, approximately $300 billion more than the prior year. That alone would be bad enough, but…
When the dust settled after the debt limit deal in early June, many budget watchers heaved a sigh of relief for two reasons: (1) President Biden and Speaker of the House Kevin McCarthy (R-CA) managed to broker a deal that…
Members of Congress have many responsibilities but their most essential task each year is to complete the 12 discretionary appropriations bills that fund the federal government for the upcoming fiscal year. Budget law requires lawmakers to finish this work before…