"The United States is deeply indebted, and its finances are on an unsustainable long-term trajectory," says the Committee for ...

Use CRFB’s Adjusted August 2025 Baseline, which accounts for the projected impact of the One Big Beautiful Bill Act (OBBBA), ...

Meanwhile, the Peterson Foundation updated its projection: the U.S. would be spending more on defense than the next 35 countries combined.

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

Debt freedom is a goal you can reach. As you begin your debt payoff journey, changing how you manage and spend your money could get you there even faster. A bare-bones budget is a great way to ...