Committee for a Responsible Federal Budget3d
Analysis of CBO’s March 2025 Long-Term Budget Outlook
Today, the Congressional Budget Office (CBO) released its March 2025 Long-Term Budget Outlook, which builds off its ...
US October-February budget deficit hits record $1.147 trillion
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...
The Australian Financial Review5d
Spending hits 40-year high outside of pandemic
The federal budget contains 20 major measures that will ... the forecast spending would be at the highest level as a share of the economy since 1985-86. The documents show that government spending ...
The Australian Financial Review19d
Tax take to hit 19-year high
Overall, Richardson predicts the federal government will collect ... economy by spending more while inflation has been high. The mid-year budget update in December forecast that real spending ...