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.
Latin Times on MSN1d
Marjorie Taylor Greene Says 'We Still Do Not Have a Plan on Budget Reconciliation' After 2 Days at 'Phenomenal Resort' Trump Doral
After two days at the House Republican winter retreat, Rep. Marjorie Taylor Greene expressed frustration over a lack of ...
Congressional Budget Office Lowers U.S. Population Projections
This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last ...
Democrats urge delay on Trump budget office nominee in response to funding freeze
Senate Democrats are demanding that Republicans postpone a vote scheduled for Thursday on Russell Vought, President Trump’s ...
Center on Budget and Policy Priorities12h
President Trump, Congressional Republican Proposals Would Shift Large Costs to States, Inflict Widespread Harm
Recent federal budget proposals would shift significant costs, explicitly or implicitly, to states and localities by ...
The Victoria Advocate10d
CED Issues Statement on January 2025 Congressional Budget Office Outlook
released the following statement on the new projections from the Congressional Budget Office (CBO): Over the next decade, mandatory spending on Social Security and Medicare and paying interest ...
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 ...
E&E1d
States go after Trump funding pause in court
The pause takes effect at 5 p.m., and agencies have been instructed to provide OMB “detailed information” on affected programs by Feb. 10. The states’ lawsuit — which will also be joined by the ...
The Washington Post on MSN13d
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
Congressional Democrats take victory lap over OMB rescinding aid freeze memo
The Office of Management and Budget rescinded a memorandum halting nearly all federal financial assistance just one day after issuing it.