This week the Senate Budget Committee is expected to markup a Congressional Budget Resolution for Fiscal Years 2025 through 2034. The Chairman’s mark to be considered by the Committee includes the recommended levels of spending, revenue, deficits, and debt over…
The National Center for Health Statistics recently released the latest data (2022-2023) from the National Survey of Family Growth (NSFG). This survey collects health and family-related information, including data on actual previous births and expected future births. The latest survey…
Last month during its post-election “lame duck” session, Congress passed the Social Security Fairness Act (H.R.82) that repealed the GPO and WEP. These two provisions reduced or eliminated the Social Security benefits of workers who receive a pension from a…
It’s January 2025 and under the terms of the June 2023 budget deal, the United States government is once again subject to a limit (roughly $36 trillion) on how much it can borrow. That might strike a lot of people…
This week the Government Accountability Office (GAO) issued a report on the need to modify the statutory debt limit to reduce the risk of a government default and avoid the adverse consequences such a default would have on financial markets…
Last week the Treasury Department released year-end spending and revenue numbers for Fiscal Year 2024, showing a budget deficit of $1.8 trillion. On the surface, that’s an increase of $138 billion over the 2023 deficit, but the 2023 deficit was…
Last week, the Congressional Budget Office (CBO) released its latest long-term projections for the Social Security program. Although these projections are roughly comparable to the Social Security and Medicare Trustees (Trustees) projections released earlier this year, there are important differences.…
