Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Barron's12d
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
International Business Times12d
Congressional Budget Office Offers Dire Warning About Annual Deficits Dwarfing GDP
The Congressional Budget Office says that the amount of federal debt held by the public is going to rise much higher than the Gross Domestic Product by 2035. The nonpartisan CBO released its ...
E&E23h
States go after Trump funding pause in court
The pause takes effect at 5 p.m., and agencies have been instructed to provide OMB “detailed information” on affected programs by Feb. 10. The states’ lawsuit — which will also be joined by the ...
Morningstar7d
CED Issues Statement on January 2025 Congressional Budget Office Outlook
Founded in 1916, we are a non-partisan, not-for-profit entity holding 501(c)(3) tax-exempt status in the United States ... on-january-2025-congressional-budget-office-outlook-302356604.html ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
The Washington Post on MSN11d
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
Donald Trump Is Claiming Powers That King George III Didn’t Even Have
The matter was so important that it was a central issue in the Glorious Revolution of 1688 when Parliament and its allies ...