Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years ...
according to the CBO’s official accounting procedures. Using more comprehensive fair-value accounting techniques, losses on those loans could reach $278 billion. Another $34 billion will be ...
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
“It’s not optional.” CBO did explain that some of the increase is from accounting changes. From CBO: The change in the deficit was influenced by the timing of outlays and revenues alik ...
The Congressional Budget Office recently estimated that such tariffs ... by $2.7 trillion from fiscal years 2025 to 2034, after accounting for economic impacts and retaliation from trade partners.