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 ...
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 ...
US CBO projects federal budget deficit to drop to USD1.87T in fiscak 2025
The US Congressional Budget Office (CBO) has projected that the federal budget deficit will decrease slightly to USD1.87 ...
Congressional Budget Office Offers Dire Warning About Annual Deficits Dwarfing GDP
Congressional Budget Office Director Phillip Swagel said the current projections are based on the 2017 tax cuts ending. That ...
US clean energy tax subsidies to cost $825 billion over 10 years, CBO says
U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits ...
Deaths in US expected to exceed births in 2033: CBO
The number of deaths in the U.S. is expected to exceed the number of births by 2033, according to the Congressional Budget ...
Committee for a Responsible Federal Budget3d
CBO Releases January 2025 Budget and Economic Outlook
Analysis of the January 2025 Budget and Economic Outlook will be published here later today. Medicare – a federal program that provides health insurance to seniors and some individuals with ...
US debt to reach 107pc of GDP by 2029: CBO estimates
The fiscal situation is daunting, the debt trajectory is unsustainable,” Congressional Budget Office director Phillip Swagel ...