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

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

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

CNBC's Emily Wilkins joins 'Power Lunch' to discuss the latest debt projection from the Congressional Budget Office. Panama Deals a Blow to Putin's Shadow Fleet A WALL is Found At The EDGE Of Our ...

In a dramatic vote, House Republicans passed a $5 trillion budget framework that kick-starts the process for President ...

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.

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 ...

House Democrats and Republicans are campaigning on a GOP budget resolution, as conservative lawmakers accuse Democrats of wanting tax hikes and liberal members claim the GOP will undo Medicaid ...

According to a report from the Congressional Budget Office, projected spending for everything in the committee’s jurisdiction other than Medicaid and the Children’s Health Insurance Program ...

At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional Budget Office said on Thursday. By Tony Romm As President Trump and his ...

The GAO plans to scrutinize changes at the SEC, including any led by the White House or Elon Musk's Department of Government ...