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

House Speaker Mike Johnson vowed that a plan to pass President Trump’s agenda would be coming soon, but some Republicans want ...

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...

In order for the reconciliation process to begin, the House and Senate must pass a concurrent budget resolution that includes a deficit reduction or cost target for relevant committees. Each committee ...

The nonpartisan Congressional Budget Office (CBO) released its latest 10-year budget and economic outlook Friday that showed the federal government is on track to break a debt record set nearly ...

And when it comes to the heart of Trump’s agenda — a sprawling party-line effort encompassing border, energy and tax policy — ...

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last year, in its 30-year forecast, the CBO had projected that the U.S ...

The Biden administration’s sweeping federal student loan forgiveness plan will cost an estimated $400 billion over the next three decades, according to a Congressional Budget Office (CBO ...

the Congressional Budget Office provided a dour forecast. Even if those tax breaks are allowed to lapse at year’s end, the federal budget deficit will still climb to $2.7 trillion in a decade ...