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

CBO Projects US Debt to Grow $23.9 Trillion in 10 Years, Not Including Costs of Extending Tax Cuts WASHINGTON (AP) — The national debt is slated to rise by $23.9 trillion over the next decade, a ...

The CBO "baseline" estimates are based on current laws and assume that Trump's 2017 individual tax cuts expire as scheduled at the end of this year, causing rates to snap back to higher levels.

The nonpartisan Congressional Budget Office (CBO) on Tuesday released an update to its 10-year budget outlook that found the federal budget deficit will approach $2 trillion in the current fiscal ...

Preston Cooper writes about the economics of higher education. The Congressional Budget Office (CBO) has updated its baseline estimates of how much the federal student loan program will cost ...

Still, annual budget deficits are expected to be equal to 6.1% of U.S. gross domestic product in 2035, which the CBO noted is “significantly more than the 3.8 percent that deficits have averaged ...