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

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if lawmakers don't act to raise the debt limit before then.

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 ...

The Congressional Budget Office projects the Social Security shortfall will be 28% by 2055, based on a bizarre assumption ...

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 warned. The latest projection by the CBO was announced Wednesday. However, it explained that if the government's borrowing needs are "significantly greater" than ...

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

The federal government could default on its debt as soon as August without action from Congress, the Congressional Budget Office (CBO) estimated on Wednesday. In the latest projection, the ...

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

If lawmakers do not raise or suspend the debt limit before all extraordinary measures are exhausted, the government could ...

"The Congressional Budget Office estimates that if the debt limit ... measures" to delay a default for several months. The CBO analysis noted that if the government's borrowing needs are ...

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