ASAToday for August 14th, 2025

Update on the Deficit Per the Congressional Budget Office (CBO), the official federal deficit for FY23 was nearly $1.7 trillion, an increase from just under $1.4 trillion a year earlier. Excluding the…

Social Security Increase Per the Social Security Administration, shrinking inflation has decreased the annual cost-of-living adjustment for Social Security beneficiaries to 3.2 percent next year, down from the 8.7 percent raise seniors…