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Latest Articles
News from the Quarterly Treasury Refunding Statement
The Treasury anticipates borrowing $1,597 billion over the next two quarters. This would be $215 billion more debt than it issued during the same period last year.
How Is K-12 Education Funded?
Public schools for students in kindergarten through 12th grade are financed through a combination of local, state, and federal dollars in proportions that vary across and within states.
How Much Do We Spend on the Federal Workforce?
Here, we examine the federal government’s expenditure on its workforce, the evolution of its size over time, and the opportunities for budget savings.
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Aug 5, 2025
Chart Pack: Social Programs
A selection of charts about crucial social programs (Social Security, Medicare, Medicaid, and SNAP), their financial outlook, and place within the federal budget.
Jul 1, 2025
Despite Decades of Warnings, Depletion of Social Security’s Trust Fund Is Getting Closer
The depletion dates for Social Security and Medicare’s Trust Funds are rapidly approaching.
Jun 18, 2025
Social Security Faces Serious Financial Shortfalls and Other Takeaways From the Trustees Report
Without reform, the Social Security Trust Funds will soon be depleted and unable to pay full benefits.
Jun 18, 2025
Social Security and Medicare Trust Funds Could Be Depleted Within the Next Decade
Today, the Social Security and Medicare Trustees released their annual reports on the programs’ financing, showing that the future of these vital programs remain at risk.
Apr 24, 2025
Social Security Reform: Options to Adjust Benefits
A well-designed benefit reduction policy would improve the equitability by better balancing the payouts between low- and high-income earners, say proponents.
Apr 16, 2025
How Do States Pay for Medicaid?
Medicaid’s role in state budgets is unique, since the program acts as both an expenditure and the largest source of federal support in state budgets.
Apr 11, 2025
How Does Government Healthcare Spending Differ From Private Insurance?
Government insurance programs, such as Medicare and Medicaid, made up 45 percent, or $1.9 trillion, of national healthcare spending.