CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
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 ...
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’s fiscal health is bleak, with debt and deficits ...
US debt to reach 107pc of GDP by 2029: CBO estimates
The fiscal situation is daunting, the debt trajectory is unsustainable,” Congressional Budget Office director Phillip Swagel ...
Marketplace11d
Republicans press for change in how CBO tallies cost of legislation
With the 2017 tax law set to expire, GOP backers of "dynamic scoring" want the math to include their views of wider economic ...
Committee for a Responsible Federal Budget2d
CBO’s Medicare Savings Options
Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the ...
U.S. Starts Maneuvers to Avoid Breaching Debt Limit, Putting Pressure on Congress
A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.
Deaths in US expected to exceed births in 2033: CBO
The number of deaths in the U.S. is expected to exceed the number of births by 2033, according to the Congressional Budget ...