U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...
Opinion
Committee for a Responsible Federal Budget1dOpinion
Debt Ceiling Needs to be Raised in Advance of X Date
Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, which was reinstated on January 2, will need to be lifted in advance of the ...
Republicans want to pretend their tax cuts are free. A new report says otherwise.
Republicans want to pretend their tax cuts are free. A new report says otherwise. Republicans have a trifecta, which means ...
US projected to default this summer absent congressional action
If lawmakers do not raise or suspend the debt limit before all extraordinary measures are exhausted, the government could ...
Committee for a Responsible Federal Budget5d
CBO Releases March 2025 Long-Term Budget and Economic Outlook
The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...
Just The News6d
US likely to reach debt limit by August or September unless action is taken by Congress: CBO report
Treasury Secretary Scott Bessent said he will have his prediction on when the debt limit will be reached in May.
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
GlobeSt1d
CBO Predicts Slower Economic Growth and Rising Debt Through 2055
The CBO made its prediction in its long-term budget and economic outlook report, which spans from 2025 to 2055. In the report, the CBO also said it expects publicly held debt to reach 156% of gross ...
Price Tag of New Judgeships Bill? $394M Over 10 Years, CBO Estimates
The legislation would stagger new judgeships over a decade across multiple presidents starting in 2025 with President Donald ...
The New York Times5d
U.S. Faces ‘Significant Risks’ From Debt, Analysts Say, as Trump Pursues Tax Agenda
On Thursday, the Congressional Budget Office echoed some of those concerns ... the Trump administration to halt such efforts. How We Report on the Trump Administration Hundreds of readers asked ...
Scripps News on MSN5d
Without immigration, US suffers population decline starting in 2033, report shows
New report suggests U.S. could begin losing population as the population ages if the nation halts most immigration.