U.S. Will Add $18.8 Trillion in New Debt by 2033
Plus: Age verification for social media, a bill to ban cannabis "gatherings," and more...
CBO
Congress Can Reduce the Deficit by $7.7 Trillion in 10 Years
The Congressional Budget Office projects that future deficits will explode. But there's a way out.
Here's Why Biden Is Wrong About the Deficit
His administration has expanded deficits by $400 billion more than expected, even before we count recent spending.
Biden's Policies Have Increased, Not Reduced, Future Budget Deficits
Dissecting the president's misleading claims about falling deficits
New CBO Report Exposes Biden's Deficit-Reduction Misinformation
The president is trying to claim credit for falling deficits. Actually, his administration has overseen a $2.4 trillion increase in the long-term deficit.
Don't Wait! The National Debt Is Only Getting Worse
New CBO report shows that the longer Congress waits to deal with the debt, the bigger the problem becomes.
Without Budget Gimmicks, Biden's 'Build Back Better' Will Add $3 Trillion to the Deficit, CBO Says
Enough with the budget gimmicks. It's time for Democrats to admit that Biden's proposal is a long, long way from being fully paid for.
CBO: Biden's 'Build Back Better' Plan Will Add $367 Billion to the Deficit
The Congressional Budget Office's analysis of the bill is unlikely to prevent its passage through the House. A vote could happen later tonight.
The Bipartisan Infrastructure Bill Will Add More Than $250 Billion to the Deficit. Does Anyone Care?
A CBO report that might have sunk legislation in an earlier era was greeted with a bipartisan shrug.
Congress Continues to Spend Delusional Amounts of Money
Even without further spending increases, the Congressional Budget Office projects that the national debt will hit 107 percent of GDP in 2023.
America's Debt Will be Twice the Size of the Economy by 2050
The Congressional Budget Office warns that higher levels of debt will slow economic growth significantly in the years ahead.
After the Stimulus Binge, Brace for a Crash
Skyrocketing debt, higher borrowing costs, and a hobbled economy are predicted in the latest Congressional Budget Office report.
America's National Debt Will Be Larger Than the Economy Next Year
The Congressional Budget Office says the deficit will hit $3.3 trillion this year. The national debt will exceed the size of America's gross domestic product for the first time since the end of World War II.
The Federal Budget Deficit in June Was Bigger Than the Entire Federal Budget Deficit for 2018
Remember when $1 trillion annual deficits were worryingly large? Last month’s budget gap was $864 billion.
A Trillion-Dollar Deficit This Year Is Now Officially the Best Case Scenario
The coronavirus is going to crater tax revenues and hike spending. And the Congressional Budget Office says the deficit was going to exceed $1 trillion even before all that.
Coronavirus Is Going To Be Expensive. Too Bad the Government Is Already in Massive Debt.
Having failed to be fiscally responsible when it would have been relatively easier, our elected officials will now likely hike spending even further.
CBO Says $15 Federal Minimum Wage Will Cost 1.3 Million Jobs
The Congressional Budget Office says 17 million workers will see higher paychecks, but the poorest and least skilled are likely to be left out.
Man, This CBO Report About 'Unprecedented' Debt Levels Is a Bummer
The national debt will hit 140 percent of GDP before the end of the 2040s, and that's the optimistic scenario.
CBO: Budget Deficit Numbers Are Better Than Expected, but We're Still Screwed
Unless we make some big changes, things won't get much better.
A National Debt 6 Times the Size of the Economy? That's Where America is Heading.
At this rate we'll get there before the end of the century.
Larry Kudlow Says Deficits Are 'Coming Down Rapidly.' He's Wrong.
Larry Kudlow says President Trump's agenda has been reducing federal budget deficits, but CBO estimates say otherwise.
CBO: National Debt Projected to Surpass 150 Percent of GDP in Next 30 Years
Entitlement spending, health care costs, and the GOP tax legislation will drive up the debt.
Trillion-Dollar Deficits Are Back and Here to Stay
The Congressional Budget Office is about to release a report. Spoiler alert: It won't be pretty.
New CBO Report Says House-Passed Health Care Plan Would Leave 23 Million More Uninsured, Cut $119 Billion Off Federal Deficit
It would leave slightly fewer people without insurance coverage than under the original version of the bill, but would trim less from the federal deficit.
Trump Budget: The Return of Rosy Scenario?
Congressional Budget Office projections vs. Office of Management and Budget projections
White House Calls CBO Minimum Wage Report Flawed
Because they found economists who say otherwise
Unemployment Is Freedom Under Obamacare
For an estimated $1.2 trillion over the next decade, we can subsidize your freedom.
White House Pushing Back over Obamacare CBO Report
Analysis says it will add to deficit an cost jobs
The Federal Government's Budget: Basic Facts You Need To Know
If we're to get even close to balancing the books, "mandatory" spending is in for deep cuts.