CONGRESSIONAL BUDGET OFFICE

Oct 29 2025BUSINESS

The Price Tag of the U. S. Government Shutdown

The U. S. government shutdown is taking a heavy toll on the economy. The Congressional Budget Office (CBO) has revealed that the shutdown is costing the country around $7 billion each month. This loss won't be recovered even after the government resumes operations. The CBO shared these findings in a letter to the House Budget Committee. They looked at different scen...

reading time about 1 minute
Jun 22 2025POLITICS

GOP's Food Stamp Plan Hits a Roadblock

The latest twist in the Republican tax and spending bill has thrown a wrench into their plans. The Senate parliamentarian has flagged a key proposal to shift some food stamp costs to states, saying it breaks Senate rules. This is a big deal because Republicans were counting on billions in savings from the Supplemental Nutrition Assistance Program (SNAP) to balance ou...

reading time about 1 minute
May 26 2025POLITICS

Unpacking the 8 Million Medicaid Mystery

In 2025, a bold statement about Medicaid fraud spread rapidly across social media platforms. The claim was that the Department of Government Efficiency (DOGE) had uncovered 8 million individuals fraudulently enrolled in Medicaid. This claim was backed by Robert F. Kennedy Jr. , the U. S. Secretary of Health and Human Services. However, the claim lacked concrete evide...

reading time about 2 minutes
Sep 16 2024EDUCATION

A Borrower's Plea: Supreme Court Rejects Biden's Student Debt Plan, for Now

The Supreme Court has put on hold the latest plan from the Biden administration to lower payments for millions of borrowers, pending the outcome of lawsuits making their way through lower courts. The plan aimed to provide a faster path to loan cancellation and reduce monthly income-based repayments from 10% to 5% of a borrower's discretionary income. The plan would ...

reading time less than a minute