Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The Congressional Budget Office says that the amount of federal ... levels will rise as increases in spending on Social Security, Medicare and interest payments outpace growth in revenues.

The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

The U.S. government is being called out by an Illinois-based government finance watchdog for its spending and reporting ...

Top Republicans are passing around a 50-page list of ideas on how to cover the cost of a tax cut and immigration crackdown bill.

Medicare and interest payments outpace growth in revenues," CBO Director Phillip Swagel told reporters. THE FEDERAL DEFICIT KEEPS GROWING, AND THE CONGRESSIONAL BUDGET OFFICE HAS SOLUTIONS The ...

During President Donald Trump's first term in office, the national debt increased by $8 trillion—due, in large part, to huge spending hikes that Congress passed and Trump signed.

The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided ... Social Security, Medicare and interest ...