Congressional Budget Office Director Phillip Swagel said the current projections are based on the 2017 tax cuts ending. That ...
The Congressional Budget Office's most recent report delivered a grim outlook for federal finances, noting that public debt ...
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
The US Congressional Budget Office (CBO) projected the federal government's budget deficit will fall to $1.87 trillion in ...
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.
The Congressional ... budget scorekeeper estimated that federal spending would total $7 trillion during the fiscal year, amounting to 23.3 percent of the country’s gross domestic product ...
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office ... the nation’s gross domestic product, or GDP ...