Much debate has ensued over whether President Donald Trump's tariffs will lead to a significant increase in inflation. The Congressional Budget Office (CBO), which looks at the financial impact of ...

Former Congressional Budget Office Director Dan Crippen argues the 340B discount program is overdue for reform.

The Trump administration’s Treasury claims its tariff strategy and tighter control of government spending are finally working to reduce the country’s massive trade deficit, according to internal ...

The U.S. budget deficit was $1.8 trillion for fiscal 2025, according to a new report from the Congressional Budget Office. That's $8 billion less than the shortfall for same stretch of last year, the ...

On Sunday, November 2, tech billionaire Elon Musk renewed his warning about America’s fiscal outlook. He said the federal ...

In a new projection from the nonpartisan Congressional Budget Office, the federal budget deficit - the gap between government revenue vs. spending - will be $1.9 trillion for the 2024 fiscal year. The ...

The U.S. federal budget deficit hit $1.8 trillion in the fiscal year ending on Sept. 30, the Congressional Budget Office (CBO) reported Wednesday. Moreover, President Donald Trump’s sweeping tariffs ...

America’s debt has grown rapidly over the last decade as the population ages and enrollment in Social Security and Medicare ...

A letter from the Congressional Budget Office in response to an inquiry by a Republican congressman from Missouri confirms that the Biden administration’s executive actions will increase costs to ...

Treasury Secretary Scott Bessent touted a drop in a key US fiscal ratio as evidence that President Donald Trump’s economic policies are working without causing a recession. “The deficit-to-GDP now has ...

The Congressional Budget Office has released its preliminary report on the current, and probably final, health care reform legislation. It says the bill would cover 95 percent of Americans, bringing ...

The Congressional Budget Office estimates that the U.S. government’s budget deficit for fiscal year 2025 totaled $1.8 trillion, just $8 billion less than the shortfall for the prior year. If not for ...