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

Donald Trump during his recent presidential campaign promised on several occasions that he would not touch Social Security.

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

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 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 ...

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

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

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.

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 ...

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 ...