The Pell Grants program is now expected to run out of reserves by the end of this year and is expected to face a $71 billion ...

The Pell Grant program has a $2.7 billion shortfall heading into the coming fiscal year, according to new projections from the Congressional Budget Office.

House Republican leaders are working to come to an agreement with fiscal hawks about what spending cuts to seek in ...

This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number of p ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

President Trump is considering eliminating FEMA citing inefficiency. States and climate advocates say FEMA needs a fix but it also needs to stay.

A new forecast from the Congressional Budget Office reveals the scale of the fiscal challenge that the second Trump administration has inherited from its predecessors. Amid much talk about the problem ...

Social Security has two other funding sources: benefit taxes on some seniors and interest income earned on money in the ...

China is advancing its massive effort to transform its navy into a high-tech, global armada. American military planners are responding in similar fashion: ...

The ideas being proposed could amount to more than $2 trillion of cuts to the countrys public health insurance program for ...

A bipartisan group of lawmakers wants to hike Medicare fees for doctors by 6.62%, offsetting inflation and cuts made this ...