CBO

The debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) last month will reduce the national debt and decrease net interest payments over the next ...

The U.S. government could avoid defaulting on its debt through July if the Treasury Department can receive enough ...

Commentary With politicians squabbling over lifting the debt limit, few are paying attention to the ongoing "Japanification" of ...

The head of the Congressional Budget Office, Phillip Swagel, said this week that Social Security funds may start ...

WASHINGTON—The Congressional Budget Office (CBO) said Wednesday that it expects the U.S. economy to stagnate this year with ...

The United States could default on its debt sometime over the summer if the president and House Republicans ...

The Congressional Budget Office (CBO) issued a pessimistic outlook for the economy this week, shortly after the Federal ...

Commentary Even before the recent spate of spending legislation, the authoritative Congressional Budget Office (CBO) warned of the ...

The Biden administration's plan to cancel student debt is estimated by the Congressional Budget Office (CBO) to cost ...

The Congressional Budget Office (CBO) released its estimate of the Biden administration’s annual set of budgetary proposals to ...

Former Congressional Budget Office Director Douglas Holtz-Eakin has warned that the high inflation rate troubling American citizens isn’t ...

The Congressional Budget Office (CBO) has released an estimate of what it would cost to make most temporary ...

The Congressional Budget Office (CBO) released a statement on Tuesday detailing its progress on scoring Democrats' controversial $1.75 ...

The Congressional Budget Office (CBO) has released a report showing how the Pentagon can cut $1 trillion in ...

The Congressional Budget Office (CBO) has released its much-anticipated score for the bipartisan infrastructure plan now under consideration in ...

WASHINGTON—The U.S. budget deficit has widened dramatically since April because of an unprecedented fiscal response to the pandemic, ...

House Democrats want to restore earmarks next year despite new Congressional Budget Office (CBO) projections that the federal ...

The CCP virus outbreak and federal relief efforts to counteract its economic impact will cloud the long-term fiscal ...

WASHINGTON—Hundreds of billions of federal tax dollars will be spent this year on programs with expired legislative authorizations ...

WASHINGTON—A bipartisan group of 68 senators and representatives think it’s time that Congress be told how much new ...

WASHINGTON—Government spending and debt have grown so much in recent years that the federal budget is on an ...

At the Western Conservative Summit, we sat down with Grover Norquist to explore the effects of Trump tax ...

Tom Baber, who operates an IHOP restaurant and a Money Mailer shop in Mercer County, New Jersey, has ...

WASHINGTON—House Democrats’ proposal to raise the federal minimum wage to $15 an hour by 2025 would improve the ...

WASHINGTON—The latest economic outlook by the Congressional Budget Office (CBO) shows that if spending continues at the projected ...

Yesterday was a slow news day. So the updated GDP forecasts of the Congressional Budget Office (CBO) made ...

A government body thinks tax receipts will hit a nominal record of $2.7 trillion in fiscal year 2013, ...