US population projections shrink from last year because of declining birth rates, less immigration
The Congressional Budget Office has shrunk its projections for the U.S. population in 30 years to 372 million residents.
Republicans may try budget math that doesn’t count Trump tax cuts
Republican plans to pass a massive new tax cut in the early days of President-elect Donald Trump’s second term are running ...
Obamacare signups near a record 24 million, almost double than when Trump was last in office
Obamacare coverage has exploded in popularity during President Joe Biden's term, fueled by more generous federal subsidies, ...
NY, NJ Republicans pushing to double SALT deduction cap to $20K — but could go as high as $100K
New Jersey Rep. Jeff Van Drew said "inflation" has so "ravaged" taxpayers since then that the SALT cap would have to "at ...
GMA Network7d
Congressional insertions in 2025 budget require SARO before fund release
The Budget chief said all congressional insertions in the 2025 GAA "will require ... necessary requirements and secure approvals from the Executive Secretary and the Office of the President. The DBM ...
Sen. Bernie Moreno probes $22B in tax credits for luxury electric vehicles: ‘Obscene public policy’
More than 70% of EVs are now leased in America before being sold, many of which are taking advantage of a $7,500 tax credit ...
JD Supra1h
Cozen Currents: Shock and Awe
While Republicans have taken unified control of the federal government, President-elect Donald Trump is going to lean heavily on an expansive use ...
Biden administration withdraws rules to save endangered whales from collisions
The federal government is withdrawing a proposal that would require more ships to slow down in East Coast waters to try to ...
Politifact26d
Fact-check: Past government shutdowns cost the U.S. economy billions
The nonpartisan Congressional Budget Office estimated that the 2018-19 shutdown, which lasted about five weeks, reduced U.S. economic output by $11 billion in the following two quarters ...
The New York Times22d
Spending Fight Shows Limits of Trump Power to Change Fiscal Path
The Congressional Budget Office projects that the national debt will reach 166 percent of gross domestic product by 2054, up from about 99 percent of G.D.P. at the end of 2024. Image ...