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Your insider source for honest fiscal facts and actionable insights that drive America’s debt debate.

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Latest Issues

How States Dodge Welfare Reform’s Spending Constraints

Photo by Harold Mendoza on Unsplash

Thirty years ago last month, Congress replaced the open-ended Aid to Families with Dependent Children (AFDC) entitlement, the largest state-run, federally funded cash welfare program, with the Temporary...

5 days ago
8

Debt Digest | Borrowing to Fund Social Security is Dangerous

Here are this week’s reading links and fiscal facts:

  • Borrowing to fund Social Security is dangerous. Jennifer Scholtes and Katherine Tully-McManus report in Politico that “some lawmakers have been telling voters the whole notion of a c...
6 days ago
11
2

Continuing Resolution Avoids a Shutdown by Preserving an Untenable Fiscal Status Quo

Photo by Towfiqu barbhuiya on Unsplash

The House is expected to vote Tuesday on a continuing resolution (CR) that would fund the federal government through December 11. Speaker Mike Johnson stated the priority is to “make sure this governm...

7 days ago
14

Medicare Is on Track to Add $85 Trillion to the National Debt by 2056

Photo from Getty Images

Over the coming decade, financing Medicare’s doctors’ services and outpatient care (Part B) and prescription drug coverage (Part D) will put roughly $10.7 trillion straight onto the national credit card. That is wor...

8 days ago
13

In the Press: The $40 Trillion Bill for Young Americans, Falling SNAP enrollment, and Lack of Transparency in Rural Health

Photo from Getty Images

The $40 trillion debt is a bill for young Americans

Free the Facts asked ten experts across the ideological spectrum what the $40 trillion national debt means for the next generation. Boccia’s contribution:

...

10 days ago
15

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Authors

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  • Romina Boccia

    Director of Budget and Entitlements | Cato Institute

  • Ivane Nachkebia

    Research Consultant for Budget and Entitlement Policy | Cato Institute

  • Ritvik Thakur

    Research Associate in Budget and Entitlement Policy | Cato Institute

  • Tyler Turman

    Research Associate in Budget and Entitlement Policy | Cato Institute

  • David Ditch
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