US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
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Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government ... the full faith and credit of the United ...
White House Budget Office Orders Pause in All Federal Loans and Grants
The full extent of the order was not immediately clear, but the directive sent to government agencies on Monday threatened to ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
Democrats urge delay on Trump budget office nominee in response to funding freeze
Senate Democrats are demanding that Republicans postpone a vote scheduled for Thursday on Russell Vought, President Trump’s ...
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Congressional Democrats take victory lap over OMB rescinding aid freeze memo
The Office of Management and Budget rescinded a memorandum halting nearly all federal financial assistance just one day after issuing it.
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States go after Trump funding pause in court
The pause takes effect at 5 p.m., and agencies have been instructed to provide OMB “detailed information” on affected programs by Feb. 10. The states’ lawsuit — which will also be joined by the ...