Senate Republicans eye budget resolution vote this week with reduced spending cuts
Senate Republicans are hoping to vote on a budget resolution this week that would pave the way for President Trump’s “big, ...
U.S. could face default by August if Congress doesn't address debt ceiling, budget office says
The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...
Congressional Budget Office finds House GOP budget goals would require Medicaid cuts
An analysis by the nonpartisan Congressional Budget Office showed that House GOP budget goals could not be reached without reducing spending on Medicaid.
Committee for a Responsible Federal Budget6d
CBO Releases March 2025 Long-Term Budget and Economic Outlook
The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...
CBO warns of ‘fiscal crisis’ as federal debt set to hit record by 2029
The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the country’s record in just a few years. The CBO released a long-term budget ...
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
The mix of slower population growth and unfettered spending will also result in weaker economic growth over the next three ...
GlobeSt2d
CBO Predicts Slower Economic Growth and Rising Debt Through 2055
The CBO made its prediction in its long-term budget and economic outlook report, which spans from 2025 to 2055. In the report, the CBO also said it expects publicly held debt to reach 156% of gross ...
KPVI5d
CBO says mounting debt could slow growth, pose 'significant risks'
The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...
ExecutiveGov12d
Tabitha Craig Named CISO at Congressional Budget Office
Get to know Craig, a career civil servant and the Congressional Budget Office's new chief information security officer.
Independent Journal Review6d
Congress Has Mere Months To Address Debt Default, CBO Warns
The U.S. government has until August or September to lift the country’s borrowing limit to avert a default on its ...
The Hill7d
Congress must act by August to prevent debt default, CBO warns
The federal government could default on its debt as soon as August without action from Congress, the Congressional Budget Office (CBO) estimated on Wednesday. In the latest projection, the ...