The non-partisan Congressional Budget Office's estimate does not include recently discovered cost overruns in the Sentinel missile project.

the United States is expected to default on its bills in either August or September, the Congressional Budget Office warned. The latest projection by the CBO was announced Wednesday. However ...

The Congressional Budget Office projected Wednesday that the United States will breach the debt ceiling in August or September unless Congress acts. The CBO released the timeline for the “X date ...

Activists protested outside Rep. Chuck Edwards' office over his support for a budget framework that could threaten Social Security, VA and others.

The House of Representatives went on recess without acting on a measure to avert a possible billion-dollar budget cut in ...

HHS would be asked to absorb a $40 billion cut, about one-third of its discretionary budget.

District leaders plan to use a federal law to add 6 percent to D.C.’s budget this fiscal year should the House not approve a ...