The Congressional Budget Office (CBO) estimated in a report on Monday that the federal government racked up a deficit of $127 ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

The United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according to the latest ...

Trump's second term will generate at least $30 trillion of added debt over the next decade. And that will be a calamity.

Keep taxes low and revenues will remain high. There will be less tax avoidance and better growth. Laffer's been right for ...

The U.S. budget deficit continues to widen, as outlays rise faster than receipts, the Congressional Budget Office said Monday. For the first four months of the fiscal year, the deficit was $838 ...

This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

The Congressional Budget Office recently released a report analyzing the accuracy of their budget projections. The agency releases this report every year comparing its forecasts of revenue, spending, ...

House Republican leaders are working to come to an agreement with fiscal hawks about what spending cuts to seek in ...

Many millions of people would have a harder time affording and accessing health care under Republican proposals that Congress ...

The Senate voted 53 to 47 to confirm Russell T. Vought — an architect of the ultraconservative Project 2025 policy agenda — ...

The Pell Grant program has a $2.7 billion shortfall heading into the coming fiscal year, according to new projections from the Congressional Budget Office.