U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
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 ...
US population projections shrink from last year because of declining birth rates, less immigration
The Congressional Budget Office has shrunk its projections for the U.S. population in 30 years to 372 million residents. That ...
National debt races toward record level as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...
Trump plans an audacious grab for congressional ‘power of the purse’
As a presidential candidate last year, Donald Trump declared that if California Gov. Gavin Newsom (D) did not divert more of ...
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Population projections decrease for 30-year outlook
The Congressional Budget Office has revised its 30-year population projection for the United States to 372 million residents, ...
Navy Expansion Plans Could Cost Over $1 Trillion
The Navy's 2025 plan would cost 46 percent more each year—when adjusted to take out inflation—than the average amount dedicated yearly over the past five years, the CBO said. The total shipbuilding ...
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US population projections shrink from last year
The Congressional Budget Office has shrunk its projections for the U.S. population in 30 years to 372 million residents, a 2.8% drop from last year, citing declining birth rates and less expected ...
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 ...
Trump budget nominee Russell Vought says presidents can withhold authorized spending
Donald Trump's choice to oversee the federal budget, Russell Vought, defended the U.S. president-elect's goal of cutting ...