The Latest Breaking News from Maya MacGuineas

Congress is set to blow past its April 15 target date for a joint budget resolution, which has been the rule rather than the exception.

We have been here before. But this time the House's new Republican majority is largely driven by a faction that says it will hold the debt limit vote as a hostage to win policy changes.

House Republicans want to leverage must-pass legislation to raise the debt limit to extract federal spending cuts, but President Biden and congressional Democrats aren't interested in negotiating.

Social Security beneficiaries are set to get the largest boost to their benefits in four decades.

The nation’s gross national debt has surpassed $31 trillion, according to a U.S. Treasury report released Tuesday

WASHINGTON — Texas Republican lawmakers have been quick to attack President Joe Biden’s student loan forgiveness plan as a heavy burden for taxpayers. However, the arguments used don’t give the full picture of the situation faced by millions of families now sorting out how the forgiveness program impacts them.

The proposal reportedly hikes taxes by over $730 billion, with $300 billion of that money to be used for reducing the federal budget deficit.

Biden gloats over a historically astronomical budget deficit as if he's accomplished something significant. He hasn't.