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

This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

President Trump's tariffs include a 10 percent additional tariff on all imports from China that went into effect on February 4. We estimate that this tariff will raise $20 billion in revenue through ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number of p ...

The Pell Grant program has a $2.7 billion shortfall heading into the coming fiscal year, according to new projections from the Congressional Budget Office.

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last ...

U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...

President Donald Trump wasted no time in getting to work on his first day in office with a range of executive orders, but the ...

CBO’s new projection is similar to its June ... such as disallowing state schemes that push more Medicaid costs onto the federal budget, would deliver substantial savings. But most of the ...

Elon Musk of the Department of Government Efficiency has sought to find $1 trillion or $2 trillion to cut from the federal ...