Latest United States Congressional Budget Office News
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
WASHINGTON (AP) — The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump. The nonpartisan Congressional Budget Office released its 10-year...
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, a 2.8% drop from last year, citing declining birth rates and less expected immigration. The budget office last year projected 383 million people living in the...
Immigration drives US population growth to highest rate in 23 years as residents pass 340 million
Immigration in 2024 drove U.S. population growth to its fastest rate in 23 years as the nation surpassed 340 million residents, the U.S. Census Bureau said Thursday. The almost 1% growth rate this year was the highest it has been since 2001, and it was a marked contrast to the record...
Millions of people may get expanded Social Security benefits. Who are they and how would it happen?
ATLANTA (AP) — Nearly 3 million people could receive a boost in Social Security payments under legislation set for a final Senate vote in the coming days. The Social Security Fairness Act would end longtime provisions that reduce the federal benefit for people who are also...
