The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
The nonpartisan Congressional Budget ... nearly 80 years ago. The CBO's outlook shows that, as a percentage of gross domestic product (GDP), or compared to the size of the U.S. economy, the ...
The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been ...
The Congressional Budget Office's most recent report delivered a grim outlook for federal finances, noting that public debt ...
The numbers: The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39% ...
WASHINGTON, Jan 17 (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 ...
The nonpartisan budget scorekeeper estimated that federal spending would total $7 trillion during the fiscal year, amounting to ... of the cumulative deficit through 2034, as a result of estimated ...