The Congressional Budget Office recently released a report analyzing the accuracy of their budget projections. The agency ...

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...

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

The success or failure of President Trump's new Department of Government Efficiency will have far-reaching effects on the ...

The impact on the U.S. economy as a whole will depend on how extensive the deportations are. While Donald Trump has threatened to carry out the “ largest deportation program in American history ” ...

In early 2018, following passage of the Tax Cuts and Jobs Act (TCJA), the Congressional Budget Office projected revenue co ...

Not much growth would come from that, nor would it come from some of the proposals to greatly expand the Child Tax Credit, ...

The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses and taxpayers alike. Americans face a $4 trillion tax hike as key provisions of the ...

Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the Congressional Budget Office’s (CBO) ...

As the current administration continues to implement a series of executive orders aimed at limiting immigration, the ...