The Debt Ceiling Will Be Reinstated on January 1 — Here’s What’s at Stake
One of the first, and most consequential, decisions facing newly elected lawmakers will be what to do with the debt ceiling.
Read MoreHow Does the Federal Government Subsidize Healthcare Under the ACA — and What Does It Cost?
In 2025, the expansions of the premium tax credit under the Affordable Care Act will expire, and lawmakers will have to decide whether to extend them.
Read MoreSocial Security Reform: Should We Raise the Retirement Age?
Many policymakers have called for the full retirement age to be gradually raised and ultimately pegged to average life expectancy.
Read MoreThe Cost of Doing Nothing About Social Security
Any change to Social Security will impact how Americans approach retirement decisions, but the costliest choice would be doing nothing.
Read MoreWhat Is Stepped-Up Basis on Capital Gains and How Does It Affect the Federal Budget?
The step-up in basis is a provision in tax law that relates to how assets — such as stocks, bonds, or real estate — are valued and taxed after their owner passes away.
Read MoreHow Much Government Spending Goes to Children?
Interest costs on the national debt are expected to rapidly outstrip spending on children in coming years.
Read MoreWhat Is the Disaster Relief Fund?
Climate and weather-related natural disasters are becoming increasingly frequent, endangering lives and extracting a significant fiscal and economic cost.
Read MoreBudget Basics: Medicaid
This budget explainer describes what Medicaid is, how it is financed, and who benefits from it.
Read MoreSome Tax Provisions Are Expiring in 2025 — Here’s What Experts Think About Them
The TCJA lowered taxes for millions of households and made filing simpler for many — all while making the country’s fiscal outlook worse.
Read MoreSwing State Voters Want Harris and Trump to Give Detailed Plans for Shoring Up Social Security
The majority of voters in key battleground states say it’s important for presidential candidates to have a plan to prevent automatic cuts to Social Security.
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