The Congressional Budget Office will soon present testimony before the U.S. House Committee on the Budget. This hearing ...

"We need policymakers to come together, agree to reduce deficits ... and put our national debt on a downward sustainable path ...

Social Security’s retirement trust fund is projected to become insolvent in fiscal year 2032.

The United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the latest ...

Let's try models that worked before. Let's put a fiscal commission together…and see if they can produce a consensus on these ...

The latest CBO score of the AM Radio for Every Vehicle Act projects limited federal spending and minimal private-sector costs ...

WASHINGTON, D.C. — The U.S. Congressional Budget Office (CBO) was hacked in early November, highlighting the possibility of growing cybersecurity vulnerabilities across government agencies amid ...

Less tariff revenue means that the federal government needs to borrow more, so outlays for interest will be $0.4 trillion ...

The Congressional Budget Office (CBO) has updated its estimates around the Medicare Trust Fund and now expects the fund to run dry in 2040. The CBO said in a blog post Monday that the trust fund's ...

The projections, sent to lawmakers on Tuesday, highlight the sweeping consequences of a lapse in federal funding.

In the midst of the conflict with Iran and spiking oil prices, policymakers are reportedly considering – and some have introduced – a temporary gas tax holiday to reduce the p ...

Several key programs are projected to run out of money, including Social Security and Medicare. The interest on the national ...