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 ...
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Federal Budget Deficit Expected to Soar to $2.7 trillion in 2035, Highlighting Pressure on GOP
Even if tax breaks are allowed to lapse at year’s end, the federal budget deficit will still climb to $2.7 trillion in a decade, according to the CBO’s latest outlook, released Friday.
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 ...
Experts worry as deficit tops $2 trillion in last year
The U.S. Congressional Budget Office released new data showing that in the last calendar year, the federal deficit has risen ...