Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
Government Executive2d
House Oversight Republicans open Congress with rants against telework, unions
The first hearing of the House Oversight and Government Reform Committee was ostensibly about telework yet frequently ...
Here’s how Congress is supposed to fund the US government, but never does
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Navy Expansion Plans Could Cost Over $1 Trillion
a new analysis published by the Congressional Budget Office (CBO) shows.
Congress approves changes to Social Security for some public sector workers
The Windfall Elimination Provision (WEP) reduces Social Security for those who earn “non-covered” pension income their jobs, ...