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November 4, 2025

Quiz: How Much Do You Know About the Federal Budget?

A strong fiscal outlook is an essential foundation for a growing, thriving economy. Take our quiz to see how much you really know about the federal budget.

November 3, 2025

What Is SNAP? An Overview of the Largest Federal Anti-Hunger Program

SNAP has a positive effect on poverty and food insecurity, with a relatively small effect on the federal budget.

November 3, 2025

Four Reasons Why a Government Shutdown Is Harmful

It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.

October 30, 2025

Should We Eliminate the Social Security Tax Cap?

There have been a number of proposals to increase, eliminate, or otherwise adjust the payroll tax cap as a way to shore up Social Security’s finances.

October 30, 2025

As Government Shutdown Continues and National Debt Surpasses $38 Trillion, U.S. Voters Deeply Concerned about Fiscal Outlook

“It took the United States just 70 days to go from $37 trillion to $38 trillion in debt, and voters are deeply concerned about the fiscal hole we are digging for future generations,” said Michael A. Peterson.

October 29, 2025

The Fed Reduced the Short-Term Rate Again, but Interest Costs Remain High

High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.

October 24, 2025

No Taxes on Tips Will Drive Deficits Higher

Here’s how this new, temporary deduction will affect federal revenues, budget deficits, and tax equity.

October 22, 2025

The Federal Government Has Borrowed Trillions. Who Owns All that Debt?

Most federal debt is owed to domestic holders, but foreign ownership is much higher now than it was about 50 years ago.

October 22, 2025

With $38 Trillion in Debt, Is the U.S. Headed for More Credit Downgrades?

Three successive downgrades of the U.S. credit rating should alarm elected leaders, but our national debt remains on an unsustainable trajectory.

October 22, 2025

The United States Is Adding to the National Debt Faster Than Ever

The nation’s debt is growing at a historic rate and eclipsing all-time highs.