US population projections shrink from last year because of declining birth rates, less immigration
The Congressional Budget Office has shrunk its projections for the U.S. population in 30 years to 372 million residents.
Republicans may try budget math that doesn’t count Trump tax cuts
Republican plans to pass a massive new tax cut in the early days of President-elect Donald Trump’s second term are running ...
U.S. borrowing hits $710 billion in first 3 months of fiscal year
The federal government borrowed $710 billion in the first three months of fiscal year 2025, with 10 days before President-elect Donald Trump takes office.
Committee for a Responsible Federal Budget5d
CBO Estimates $710 Billion Deficit for First Three Months of Fiscal Year 2025
The United States borrowed $710 billion in the first three months of Fiscal Year (FY) 2025, including $85 billion in the month of December, according to the latest ...
Obamacare signups near a record 24 million, almost double than when Trump was last in office
Obamacare coverage has exploded in popularity during President Joe Biden's term, fueled by more generous federal subsidies, ...
NY, NJ Republicans pushing to double SALT deduction cap to $20K — but could go as high as $100K
New Jersey Rep. Jeff Van Drew said "inflation" has so "ravaged" taxpayers since then that the SALT cap would have to "at ...
Center on Budget and Policy Priorities1d
Federal Policy Debates in 2025 Carry High Stakes
The decisions that policymakers make could leave many millions of people much worse off while extending and increasing tax ...
Sen. Bernie Moreno probes $22B in tax credits for luxury electric vehicles: ‘Obscene public policy’
More than 70% of EVs are now leased in America before being sold, many of which are taking advantage of a $7,500 tax credit ...
JD Supra1h
Cozen Currents: Shock and Awe
While Republicans have taken unified control of the federal government, President-elect Donald Trump is going to lean heavily on an expansive use ...
Biden administration withdraws rules to save endangered whales from collisions
The federal government is withdrawing a proposal that would require more ships to slow down in East Coast waters to try to ...
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...