Committee for a Responsible Federal Budget3h
As the Fed Cuts Rates, Treasury Yields Are Rising
With last week’s rate decision, the Federal Reserve has now cut the federal funds rate by 75 basis points over the past eight ...
Committee for a Responsible Federal Budget8h
12-Month Rolling Deficit Totals $2.0 Trillion in October 2024
The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the ...
Committee for a Responsible Federal Budget6d
FY 2024 Ends with $1.8 Trillion Deficit
The U.S. Department of the Treasury recently released its final Monthly Treasury Statement for Fiscal Year (FY) 2024, showing ...
Committee for a Responsible Federal Budget4d
CBO Estimates $255 Billion Deficit for First Month of Fiscal Year 2025
The United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget ...
Committee for a Responsible Federal Budget23h
Repealing WEP/GPO Would Raise Deficits, Weaken Social Security
The House of Representatives will soon vote on the Social Security Fairness Act, legislation which would repeal Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset ...