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

The nonpartisan Congressional Budget Office (CBO) said Wednesday that funding for nondefense programs will not be subject to automatic spending cuts even if Congress doesn’t pass its remaining ...

The Congressional Budget Office (CBO ... CBO expects the federal government will spend $355 billion on the Pell Grant program, which provides free college aid to low- and middle-income students.

The Congressional Budget Office (CBO) released its January 2025 Budget and Economic Outlook today, projecting that the national debt remains on a ...

Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...

The funding gap highlighted by the CBO could force House Republican leaders to either direct the CBO to revise its budget estimate or modify the legislation to align with budget constraints.

Social Security has two other funding sources: benefit taxes on some seniors and interest income earned on money in the ...

Funding currently runs out in mid-March ... But it could be a tough sell among some Republican lawmakers. CBO’s budget outlooks are critical for Congress because they establish baselines ...