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

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

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 taxpayers alike. Americans face a $4 trillion tax hike as key provisions of the ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

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

The Congressional Budget Office has shrunk its projections for the U.S. population in 30 years to 372 million residents, a 2.8% drop from last year, citing declining birth rates and less expected ...

President Donald Trump wants the federal workforce back in the office, but could face challenges from unions implementing the ...

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

The Congressional Budget Office in January 2025: "The Navy's 2025 plan would cost 46 percent more annually in real terms (that is, adjusted to remove the effects of inflation) than the average ...

One of Donald Trump's most controversial Cabinet nominees wants to shuffle the deck on core American principles such as checks and balances.