The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by ...

The Congressional Budget Office said on Thursday that making the 2017 tax cuts permanent and adding other tax breaks sought ...

In a recent long-term analysis, the Congressional Budget Office (CBO) found that extending the 2017 Tax Cuts and Jobs Act ...

Privatization has implications for people covered by Medicare, health care providers, Medicare spending, and taxpayers.

The Congressional Budget Office (CBO) estimates that the U.S. borrowed $599 billion from January through March 2025 – up $44 billion from January through March 2024. Federal spending, as measured by ...

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if lawmakers don't act to raise the debt limit before then.

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even by late May - unless Congress acts to raise the nation's debt ceiling, the ...

March 27 (UPI) --If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or September, the Congressional Budget Office warned.

WASHINGTON, March 27 (Reuters) - The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the next 30 years, in part due to rapidly ...

the Congressional Budget Office (CBO) found Friday that keeping the 2017 tax cuts in place and holding other budgetary policies steady would cause debt levels to reach 214 percent of gross ...