U.S. federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the ...

Russell Vought, the White House budget director and architect of Project 2025, would have vast authority to approve or block ...

The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare ...

Importantly, the CRFB Adjusted August 2025 Baseline does not incorporate the dynamic effects from OBBBA nor other changes to ...

The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...

Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to ...

The CBO will release its analysis of the GOP Senate health care bill Monday. — -- The Congressional Budget Office will release its first analysis of the Republican Senate health care bill ...

The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest costs jumped sharply and outlays ...

The Congressional Budget Office has confirmed President Trump’s new budget law will trigger over $500 billion in Medicare ...

Congressional Budget Office (CBO) Director Phillip Swagel discussed the current budget and economic outlook. He reported the U.S. could default on its debt between July and September unless the ...

The U.S. could default on its debt sometime this summer if Congress doesn't raise the debt the $31.4 trillion debt ceiling, the Congressional Budget Office projected Wednesday.

Congressional Budget Office projects lower inflation and higher unemployment into 2025 The office's Current View of the Economy from 2023 to 2025 report, released Friday, estimates that the ...