In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

The Federal Government publishes the spending and revenue numbers on a monthly basis. The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget ...

President Donald Trump asked Congress for deep cuts to domestic agencies and a boost to the military in a preliminary outline of his 2026 budget request. The president’s budget calls for $557 billion ...

America has long been the undisputed global leader in science and innovation, propelling our economy and improving everyday lives at home and abroad. But federal support for scientific research and ...

Novel therapeutics for lethal, chronic diseases. Containment of a particularly aggressive brain cancer. Technology that helps to determine the habitability of Europa. Imaging techniques to uncover ...

The country is in a moment where the distribution of responsibilities and resources between local communities and the federal government is shifting. The last four years have been defined by large ...

In 2018, CBO forecasted cumulative revenues of $27.015 trillion from 2018 through 2024 vs. actual revenue of $28.518 trillion. Spending was forecast to cumulate to $34.72 trillion when, in fact, the ...

This year, two things will happen to Canada's fiscal watchdog: Interim Parliamentary Budget Officer Jason Jacques will be ...

In May, the White House released its budget proposal for fiscal year 2026, which included $163 billion in cuts to non-defense spending. The budget proposal includes cutting $19.3 billion from the ...

How Republicans could change the program. By Margot Sanger-Katz I cover health care. Republican leaders in Congress have directed the committee that oversees Medicaid to cut $880 billion from the next ...

Funds for yet another government program are on track for depletion and could put higher education further out of reach for millions of Americans, according to research from the nonprofit Committee ...

New Mexico Gov. Michelle Lujan Grisham released her final budget proposal, while saying it protects the state against federal ...