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 ...
Executive Gov2d
CBO Projects Debt, Budget Deficit Increase Through 2035
Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.
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 ...
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
Government Executive10h
Congressional Republicans mull plans to gash feds’ pay, benefits and job security
GOP lawmakers are once again considering a litany of proposals that would require federal workers to pay more in exchange for ...
US fiscal path unsustainable despite improved budget forecasts, says DoubleLine
The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been ...
Trump's return-to-office order underscores government's costly office issues
President Donald Trump wants the federal workforce back in the office, but could face challenges from unions implementing the ...
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
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 ...
Newsday9d
US population projections shrink from last year because of declining birth rates, less immigration
The Congressional Budget Office has shrunk its projections for the U.S. population in 30 years to 372 million residents, a 2.8% drop from last year, citing declining birth rates and less expected ...
Newsweek11d
Navy Expansion Plans Could Cost Over $1 Trillion
The Congressional Budget Office in January 2025: "The Navy's 2025 plan would cost 46 percent more annually in real terms (that is, adjusted to remove the effects of inflation) than the average ...