As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

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.

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

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.

It’s looking like "thumbs up" for Russ Vought in the Senate, where Republicans are preparing to confirm him to lead the White House budget office despite his reputation for withholding congressionally-approved funding.

The Congressional Hispanic Caucus highlighted how those policies would harm three specific groups — farm workers, immigrant families and so-called Dreamers.

The Congressional Budget Office has shrunk its projections for ... The budget office last year projected 383 million people living in the United States in 30 years but reduced that figure by ...

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 United States Navy's plans to increase the ... a new analysis published by the Congressional Budget Office (CBO) shows. The U.S. Navy is a dominant Western maritime power, but it is spread ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits set to reach record levels.

Sterling Wealth Management's Sharon Allen and Daly Andersson answer Jana Wiersema's questions about the impact of the new Social Security Fairness Act.