Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
New York Sun8h
Welcome to Washington: Trump’s Budget Nominee — Potentially His Most Important — Appears To Be on Track for Confirmation
As director of the Office of Management and Budget, Russell Vought plans to implement the most critical parts of the new ...
US To See Rising Debt, Deficit In Next Decade: Budget Office
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.
Trump’s budget pick, Russ Vought, is starting to upend Washington
Russell Vought has signaled he hopes to slash spending — and push the limits of presidential power to achieve Trump’s agenda.
Morningstar6d
CED Issues Statement on January 2025 Congressional Budget Office Outlook
As the new Congress and Administration consider their fiscal priorities, policymakers must address with urgency the long-term fiscal trajectory of the Federal budget and use this opportunity to ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
The Associated Press on MSN10d
Trump wants to cut taxes. So do governors and lawmakers in some states
states generally must adopt balanced budgets. The Republican-led Congress is considering whether to extend and expand various income tax cuts enacted in 2017 during Trump's first term in office. Some ...