The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses, and ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for ...

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.

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

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

President Trump's pick to lead the Office of Management and Budget faced a tough grilling from Democratic lawmakers on the ...

The Congressional Budget Office has shrunk its projections for ... The budget office last year projected 383 million people living in the United States in 30 years but reduced that figure by ...

The United States Navy's plans to increase the ... a new analysis published by the Congressional Budget Office (CBO) shows. The U.S. Navy is a dominant Western maritime power, but it is spread ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

The Congressional Black Caucus (CBC), one of the largest in Congress, blasted President Trump on Wednesday for rolling back ...