Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
US population projections shrink from last year because of declining birth rates, less immigration
The Congressional Budget Office has shrunk its projections for the U.S. population in 30 years to 372 million residents. That ...
Trump readies massive shift in U.S. economy on eve of inauguration
The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as ...
Anti-Trump columnist delivers withering assessment of 'failed' Biden presidency as he leaves office
George Will, an anti-Trump columnist for The Washington Post, wrote a scathing assessment of President Biden's actions as ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
Trump budget nominee Russell Vought says presidents can withhold authorized spending
Donald Trump's choice to oversee the federal budget, Russell Vought, defended the U.S. president-elect's goal of cutting ...
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Navy Expansion Plans Could Cost Over $1 Trillion
The United States Navy's plans to increase the ... a new analysis published by the Congressional Budget Office (CBO) shows.
Trump wants to cut taxes. So do governors and lawmakers in some states
JEFFERSON CITY, Mo. — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions ...