Joint Economic Committee Hearing: Stop Paying More for Less: Realigning Healthcare Incentives to Improve Outcomes and Reduce Costs
The U.S. Congress Joint Economic Committee (JEC) will hold a hearing on Wednesday, December 17, 2025, at 2:30 p.m. EST, in Room 216 of the Hart Senate Office Building. Chairman David Schweikert presiding.
Unemployment Rises to 4.6%; 64,000 Jobs Added in November; 105,000 Jobs Lost in October Due to Losses in the Federal Government
In the latest Joint Economic Committee Employment Update, the first update since the government shutdown halted jobs data releases. Private sector jobs increased the past two months while the federal government experienced significant losses. In November, 64,000 jobs were added (+69K private sector ...
September Trade Deficit of $52.83 Billion is Lowest Since June 2020
In September, the United States ran a total trade deficit of $52.83 billion, down by $6.44 billion from August which ended with a deficit of $59.26 billion. The September trade deficit is 38 percent below the 12-month average and the lowest since June 2020. In total, over the 12 months through Septe...
November Ends with $173.3 Billion Deficit, Up to $457.6 Billion Deficit for FY2026
The Joint Economic Committee released its Monthly Fiscal Update. In November, the federal government ran a deficit of $173.277 billion. From the beginning of the fiscal year to November, deficits were $457.627 billion. This means 38.20 percent of outlays in FY2026 were not paid for by revenues, and ...
September Unemployment Remained Unchanged in 20 States, Decreased in 10, Increased in 21
The Joint Economic Committee released its monthly State Employment Update, outlining the employment situation in all 50 states and DC. Nationally, in September, the unemployment rate rose by 0.1 percentage point to 4.4 percent. Among the 50 states and the District of Columbia, unemployment fell in 1...
Inflation Remains Relatively Stable, Still Above Fed Target
From August 2025 to September 2025, headline personal consumption expenditures (PCE) price index inflation was 0.27 percent compared to 0.26 percent for the previous month. Core PCE price index inflation, which excludes food and energy prices, decreased slightly month over month and was 0.20 percent...
National Debt Hits $38.40 Trillion, Increased $2.23 Trillion Year over Year, $6.12 Billion Per Day
The Joint Economic Committee released its Monthly Debt Update for December, including the national debt’s interest rate and composition as of December 3, 2025. As of December 3, 2025, total gross national debt is $38.40 trillion. Relative to one year ago, total gross national debt is $2.23 trillion...
ICYMI: Op-ed...Stop Propping Up Sickness and Start Propping Up Health
Today, The Hill ran an Op-ed by Joint Economic Committee Chairman David Schweikert on Congress’ misguided focus on subsidizing healthcare instead of looking at innovative solutions that reduce costs and help people become healthier. This Op-ed follows on a recent brief released by the JEC entitled “...
October Ends with $284.4 Billion Deficit after Ending September with Surplus
In October, and thus far this fiscal year, the federal government ran a deficit of $284.350 billion. This means 41.29 percent of outlays were not paid for by revenues, and for every dollar the federal government received in revenue, it spent $1.70.
August Trade Gap Drops to $59.6 Billion, Down from $78.2 Billion in July
The August trade deficit of $59.55 billion is 32 percent below the 12-month average and down from $78.2 billion in July. It is significantly lower than the peak of $136.42 billion in March 2025.