The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget: Today’s projections show a shocking new record: interest
Category: Government
What governemnt does affects us all now and for years in the future. Many times there are unintended consequences, it would be nice to get it right.
Frightened American seniors
Americans are worried that entitlement 🟧 programs will not be there for them as Social Security and Medicare face fiscal cliffs in the coming decade
Does Social Security add to the federal deficit?
The answer is clear: No, yes, not really, technically yes under the unified budget process. Social Security is self-funding. It uses dedicated taxes to pay
Your largest credit card
Since the start of the fiscal year in October 2023 the federal government has spent $855 billion more than it received in revenue – the
