Importantly, the CRFB Adjusted August 2025 Baseline does not incorporate the dynamic effects from OBBBA nor other changes to ...

2025-08-21-What is Medicare?What is Medicare? Medicare is the federal health insurance program that helps people age 65 and older, as well as some younger people with certain disabilities, pay for ...

2025-08-21-What is Budget Reconciliation?Whenever a reconciliation bill is moving through the Senate, any senator can raise a challenge — known as a point of order — if they believe part of the bill ...

Understanding federal programs and fiscal policy is key to making sense of our nation’s budget challenges. Below you will find a series of explainers on topics like the national debt, budget ...