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 ...

The 2017 tax reform capped at $10,000 the amount of state and local tax (SALT) payments that can be deducted from federal income taxes. Before then, the unlimited SALT deduction was an unlimited ...

President Trump is expected to soon issue an executive order to dismantle the US Department of Education. Because many of the ...

The Marine Corps has passed an audit for the second year in a row, the only military service to do so, the branch announced ...

Texas, chairman of the House Budget Committee, blamed former President Joe Biden's administration for a bleak milestone last ...

There are four sources of new revenue to use in the first new budget. They alone will yield trillions in one-time revenue and billions in ongoing revenue without raising income taxes. C’mon Congress.

Top Republican senators are becoming impatient with the hold up around passing President Donald Trump's huge bill containing ...

President Trump (and his successors) may find that, without immigration or an aggressive baby boom, an aging America will face sluggish economic growth, economic dislocations, and huge unfunded ...

The State Department said President Trump appointed Secretary of State Marco Rubio as acting director of USAID amid an ...

Trump may have distanced himself from Project 2025 on the campaign trail, but many of his policies align with those included ...

Multiple groups called on the Senate to reject President Trump’s pick for Office of Management and Budget (OMB) director, Russell Vought. In three separate letters, the Coalition for Sensible ...

Ukrainian President Volodymyr Zelenskyy said his country’s military has received only a portion of the more than $175 billion in U.S. aid earmarked for Ukraine’s war against R ...