Tag: #budget

CBO Projects $33.6 Trillion in Federal Health Insurance Subsidies From 2026–2036

CBO and JCT estimate federal health-insurance subsidies will total $33.6 trillion from 2026–2036, rising from 7.4% to 8.4% of GDP.

#healthcare, #medicare, #medicaid, #budget

Kagan and Barrett to Testify on Supreme Court’s Fiscal 2027 Budget Before Appropriations Panels

Justices Kagan and Barrett will testify July 14 before House and Senate appropriations subcommittees on the Supreme Court’s fiscal 2027 budget request.

#supremecourt, #judiciary, #congress, #budget

GAO Warns of ‘Unsustainable Fiscal Path’ as U.S. Debt Nears Postwar Highs; Social Security and Medicare Funding at Risk

GAO's June 11 report says U.S. debt could hit 106% of GDP by 2029 and 251% by 2056; Social Security and Medicare trust funds face depletion in 2032–33.

#federaldebt, #gao, #budget, #socialsecurity, #medicare

CBO: Secure America Act would provide $69.5 billion in mandatory spending through 2035, mostly 2026–29

CBO estimates S.2 would obligate $69.545 billion in mandatory spending through 2035, with most outlays concentrated between 2026 and 2029.

#congress, #budget, #cbo, #bordersecurity