The Laken Riley Act is set to be the first bill Trump signs into law after it passed the House and Senate with bipartisan ...

By scrapping Biden-era rules, lawmakers can tame a projected $817 billion in federal expenditures over the coming decade.

The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been ...

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

U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses, and ...

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

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