The GOP has come under fire for using an accounting trick to claim the proposed tax cuts would have no budgetary impact.

If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or ...

The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the ...

As the Trump administration continues its tariff policy there are still too many variables to measure its net effect on the ...

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...

Weak population gains and higher government spending could hamper growth over the next 30 years, the CBO said Thursday.

New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...

The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...

The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on ...

The Congressional Budget Office estimates that the federal government could default on its debt as soon as August unless ...