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 ...
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
Congressional Democrats are celebrating the White House rescinding a memorandum that announced a freeze on federal aid for ...
Congressional Budget Office Lowers U.S. Population Projections
This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last ...
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
The Washington Post on MSN13d
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 ...