Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

The Congressional Budget Office (CBO) has released its January 2025 budget and economic outlook, according to the Committee for a Responsible Federal Budget.

By scrapping Biden-era rules, lawmakers can tame a projected $817 billion in federal expenditures over the coming decade.

The Congressional Budget Office says 2035 estimate is about 118% of U.S. gross domestic product, and will exceed the prior ...

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last ...

In early 2018, following passage of the Tax Cuts and Jobs Act (TCJA), the Congressional Budget Office projected revenue co ...

President Donald Trump wasted no time in getting to work on his first day in office with a range of executive orders, but the ...

Conventional estimates assume tariffs would reduce import levels consistent with elasticities derived from research and that all gained tariff revenue would be subject to income and payroll tax ...

President Donald Trump and congressional Republicans say "drill, baby, drill" will help foot the bill for their expansive ...

The CBO, a non-partisan budget agency, last week issued fresh forecasts for the U.S. budget deficits for the next 10 years.