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New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending would total $7 trillion during the fiscal year,
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
CBO Projects US Debt to Grow $23.9 Trillion in 10 Years, Not Including Costs of Extending Tax Cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump
1d
on MSN
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
1d
on MSN
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
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on MSN
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...
1d
on MSN
10-year outlook for budget given
The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of ...
10d
Fiscal-conservative group warns Congress against budget gimmicks
The budget resolution that Congress will write in the coming weeks should do just that. Budgets are meant to provide a ...
6d
Congress tasked with balancing budget and providing relief for California wildfires
Fox News senior congressional correspondent Chad Pergram has the latest on Congress calculating the cost of the California ...
Government Executive
3d
House Oversight Republicans open Congress with rants against telework, unions
The first hearing of the House Oversight and Government Reform Committee was ostensibly about telework yet frequently ...
3d
Trump budget nominee Russell Vought says presidents can withhold authorized spending
President-elect Donald Trump's pick for the top budget office, Russ Vought, will face senators on Wednesday for potential ...
2d
on MSN
Russell Vought could expand power of Trump's budget office
Vought, a co-author of Project 2025 who served as budget director in Donald Trump's first term, has signaled he will take a ...
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