As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.
The Biden administration’s sweeping federal student loan forgiveness plan will cost an estimated $400 billion over the next three decades, according to a Congressional Budget Office (CBO ...
This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last year, in its 30-year forecast,
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal year 2025. The nonpartisan budget scorekeeper estimated that federal
A new forecast from the Congressional Budget Office (CBO) reveals the scale of the fiscal challenge that the second Trump administration has inherited from its predecessors, including Trump 1.0 ...
After two days at the House Republican winter retreat, Rep. Marjorie Taylor Greene expressed frustration over a lack of progress on budget reconciliation.
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for
released the following statement on the new projections from the Congressional Budget Office (CBO): The CBO's Budget and Economic Outlook for 2025 to 2035 is another pressing call to action on our ...
Senate Democrats are demanding Republicans postpone a vote scheduled for Thursday on Russell Vought, President Trump’s nominee to head the Office of Management and Budget, after the budget office on Monday issued a broadly worded memo freezing large swaths of federal assistance.
Presidents from both parties, including Trump, have let the budget grow and grow. The White House is trying to make changes on its own.
The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been recently projected by the Congressional Budget Office, an analyst at investment firm DoubleLine said on Tuesday.