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

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

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

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 ...

Treasury Secretary Scott Bessent explains the administration’s new tariffs and economic policy in an interview with Tucker ...

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 is projecting that federal debt held by the public will climb relentlessly, breaking the country’s record in just a few years. The CBO released a long-term budget ...

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 mix of slower population growth and unfettered spending will also result in weaker economic growth over the next three decades than what the CBO projected last year. Lower birthrates also mean ...

The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...

If Republicans in Congress make good on President Donald Trump's promise to extend the expiring provisions of the 2017 Tax ...

CBO’s projection puts lawmakers on the clock to figure out how and when to raise the debt limit.