WASHINGTON (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with last year and indicating no major deterioration in ...

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 ...

The CBO is trying to tell us that extending the Trump tax cuts is going to increase the budget deficit, despite evidence to ...

Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their ...

This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

The Senate fiscal 2025 budget resolution aims to boost border and military spending and expand domestic energy production.

The CBO merely provides options and analysis ... As you can see from this list, it’s farfetched to believe that deficit-reduction debates won’t touch on issues important to our industry.

The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...

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.

Treasury Secretary Scott Bessent appeared on FOX Business Network's "Kudlow" and urged Republicans to make President Donald ...

WASHINGTON (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with last year and indicating no major deterioration ...