The vote brings Republicans a step closer to finalizing a sweeping plan to address defense, energy, immigration and tax ...

Using this benchmark, we can attribute 71 percent of the 2025 deficit to spending policy decisions and 29 percent to tax ...

The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...

the Congressional Budget Office reported. But that date is heavily dependent on how much the IRS collects this filing season.

A House GOP aide told The Post that the “target cuts” for both chambers of Congress will be reconciled — with at least $1.5 ...

The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...

March 27 (UPI) --If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or September, the Congressional Budget Office warned.

Get to know Craig, a career civil servant and the Congressional Budget Office's new chief information security officer.

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

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 CBO forecast warns that the government would be unable to borrow money and pay its obligations without a debt ceiling ...

the Congressional Budget Office reported. But that date is heavily dependent on how much the IRS collects this filing season. Already, officials at the tax agency are growing concerned about a ...