City Journal1d
Biden’s Executive Spending Was Out of Control—Let’s Rein It In
The scale of Biden’s executive spending is hard to convey. The Committee for a Responsible Federal Budget estimated that ...
Federal debt as far as the eye can see — and then some
The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to ...
Republicans crafting Trump's big bill hit a familiar roadblock: How to pay for it
After fours years of criticizing budget deficits under Joe Biden, Republicans now have a math problem of their own.
Hosted on MSN12d
CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
WASHINGTON (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal ...
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
Trump and Congress Need to Attack the U.S. National Debt
Rising deficits and interest costs impede economic growth and undermine global trust in the dollar.
Americans love Trump's tax cuts. What would they give up to keep them?
Most Americans like the Trump tax cuts. Now, Congress must decide what taxpayers would give up in order to keep them.
American Enterprise Institute6d
The Budget Baseline as Trump 2.0 Begins
A new forecast from the Congressional Budget Office reveals the scale of the fiscal challenge that the second Trump administration has inherited from its predecessors. Amid much talk about the problem ...
Trump’s gusher of misleading economic statistics at Davos
In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on ...
As Biden exits, how will he be remembered for his handling of the U.S. economy?
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and ...
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...