The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025 ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

The federal government borrowed $710 billion in the first three months of fiscal year 2025, with 10 days before ...

The U.S. Congressional Budget Office released new data showing that in the last calendar year, the federal deficit has risen ...

the CBO warned tariffs would make consumer and capital goods more expensive, cause U.S. businesses to delay or forgo new investment, reduce productivity, and trigger retaliation that hits U.S ...

It’s been a while since we’ve had Mr. Arithmetic here, but with Donald Trump coming back to the White House, we may need him around. The immediate reason ...

The CBO's report echoes findings from several non ... even before any of the negative consequences hit their grocery bills and retirement portfolios. A nationwide Marquette University Law School ...

The Congressional Budget Office (CBO) projects federally subsidized crop insurance will cost an additional $27.7 billion over the next decade, with the government covering roughly 62% of premiums.

Last month, the CBO responded with an analysis on their budgetary, economic, and distributional effects. For the purposes of its forecast, the CBO assumed a uniform tariff of 10% and a China ...