Latest United States Congressional Budget Office News
Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease
WASHINGTON (AP) — It was a time of fear and chaos four years ago. The death count was mounting as COVID-19 spread. Financial markets were panicked. Oil prices briefly went negative. The Federal Reserve slashed its benchmark interest rates to combat the sudden recession. And the...
Budget Office report credits immigration and spending deals with improved outlook despite huge debt
WASHINGTON (AP) — The nonpartisan Congressional Budget Office said Wednesday that it expects the federal government to be awash in debt over the next 30 years, but the outlook has improved over the past year due to increased immigration and agreements to reduce spending. The CBO's...
LOADING MORE STORIES
