"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," ...
New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...
Social Security is the largest federal government program and provides income to nearly 70 million retirees, dependents, survivors, and disabled workers.
The nonpartisan bookkeeper said there’s no other way to cut $1.5 trillion from the budget over the next decade.
In a recent letter, the Congressional Budget Office (CBO) estimated that extending and reviving various provisions from the Tax Cuts and Jobs Act ...
An analysis by the nonpartisan Congressional Budget Office showed that House GOP budget goals could not be reached without ...
Get to know Craig, a career civil servant and the Congressional Budget Office's new chief information security officer.
By 2054, that primary deficit would be 3.7% of gross domestic product, or 1.5 percentage points higher than in CBO’s recent baseline projections. Once net interest costs are factored in ...
The CBO’s report goes on to say that extending the Trump tax cuts would harm the economy and increase consumers’ borrowing costs. But while Republicans can pretend the costs are free ...
Electric mobility startup Zypp Electric has laid off nearly 10% of its workforce in the past three months due to “performance ...
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