Using this benchmark, we can attribute 71 percent of the 2025 deficit to spending policy decisions and 29 percent to tax ...

This election, along with one for Florida’s 1st Congressional District, were the first special Congressional elections held during President Donald Trump’s (R) second term. The special election filled ...

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

The mix of slower population growth and unfettered spending will also result in weaker economic growth over the next three ...

If changes are not made to Social Security, the program will have to cut spending by 24% in less than a decade.

Here's what's happening as we head into the weekend. Extending Trump Tax Cuts Would Explode the Debt by Almost 50%: CBO Permanently extending the 2017 tax cuts as Republicans want to do would ...

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 ...

The CBO’s report goes on to say that extending the Trump tax cuts would harm the economy and increase consumers’ borrowing costs. But while Republicans can pretend the costs are free ...

Copyright 2025 The Associated Press. All Rights Reserved. Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] TAIPEI, Taiwan (AP) — Beijing on ...

By 2054, that primary deficit would be 3.7% of gross domestic product, or 1.5 percentage points higher than in CBO’s recent baseline projections. Once net interest costs are factored in ...

The Congressional Budget Office, or CBO, has named cybersecurity professional Tabitha Craig as its new chief information security officer, or CISO. In a LinkedIn post posted Tuesday, Craig said ...