"We need policymakers to come together, agree to reduce deficits ... and put our national debt on a downward sustainable path ...
Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.
The Congressional Budget Office projects worsening federal deficits and rising debt over the next decade, driven by increased ...
Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected to total about 3.8% on a nominal basis and 1.8% on a real basis. Over time ...
The United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the latest ...
It’s true that the One Big Beautiful Bill Act will likely slow the rate of Medicaid spending growth somewhat. Only in ...
In the past year, tariffs were, at least partly, responsible for 166,000 lost blue-collar jobs and $1,700 in annual increased costs for American households.
The Hospital Insurance Trust Fund could go broke in 2040, according to a blog post published Monday by the Congressional ...
Medicare hospital trust fund will be exhausted by 2040, 12 years earlier than projected, due to lower revenues and revised CBO estimates.
WASHINGTON, D.C. — The U.S. Congressional Budget Office (CBO) was hacked in early November, highlighting the possibility of growing cybersecurity vulnerabilities across government agencies amid ...