U.S. Treasury: FY 2025 Deficit Totaled $1.8 Trillion - AAF
Oct 17, 2025 · The U.S. Treasury released its final Monthly Treasury Statement for FY 2025, estimating a $1.8 trillion deficit for the year. The deficit was the net effect of $7.0 trillion of spending and $5.2 …
AI Data Centers: Why Are They So Energy Hungry? - AAF
Jul 15, 2025 · Executive Summary AI data centers have two unique energy-related features compared to traditional ones: They require enormous amounts of electricity, with generative AI consuming 10–30 …
AAF - The American Action Forum
4 days ago · The American Action Forum injects forward-thinking ideas into the public debate that will build a better economic future.
About - AAF
The American Action Forum (AAF), led by former Director of the Congressional Budget Office Douglas Holtz-Eakin, proudly leads the center-right on domestic economic and fiscal policy issues. It …
Sizing Up Interest Payments on the National Debt - AAF
Oct 28, 2025 · The federal government spent $970 billion on interest payments on the national debt in FY 2025 - the equivalent of 19 percent of all federal revenue collections and roughly $7,300 per …
The AAF Plan to Address the Nation's Debt Challenge - AAF
Oct 21, 2024 · The AAF plan includes sweeping policy changes to both the revenue and spending sides of the federal budget and would achieve the fiscal goal of roughly stabilizing debt-to-GDP within a …
The Biden Regulatory Record - AAF
Jan 29, 2025 · EXECUTIVE SUMMARY According to the aggregated collection of self-reported estimates from federal agencies, the cumulative total of regulatory costs under the Biden …
Welcome to 2026 - AAF
4 days ago · The new year is upon us and it is the season to make predictions about 2026. Eakinomics loves a prediction as much as anyone, so here are three: something that won’t happen, something …
Section 230 in the Era of Generative AI - AAF
Oct 16, 2025 · Executive Summary Generative artificial intelligence (Gen AI), which creates new content such as text and images from user prompts, raises questions about whether Section 230 of the …
2026 Key Areas of Interest – Drug Pricing - AAF
3 days ago · In 2026, health policy has the potential to be even more tumultuous than in 2025. While the health insurance forecast seems stable (even if the end results are shrouded), the drug pricing …