The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...

News about Congressional Budget Office, including commentary and archival articles published in The New York Times.

Having the Air Force fly a B-2 bomber overhead during a signing ceremony for a budget bill would have in a different time ...

While social media users claimed ICE's budget would increase to $48.5 billion, the actual overall number was even higher.

We must use our voices in the public square, in print media, on social media, and – perhaps most importantly – in personal ...

The U.S. Treasury Department on Friday will reveal the strength of President Donald Trump's tariff revenues in its June ...

If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them ...

The Senate has started formal debate on the Trump administration's budget reconciliation bill after lawmakers spent 16 hours ...

House Republicans are proposing a 50 percent cut in GAO's budget, while lawmakers should modernize the agency to better serve ...

Republicans are proposing to dramatically roll back tax breaks designed to boost clean energy projects fueled by renewable ...

With $3.2 trillion in direct costs and $700 billion in interest payments, the budget proposal would bring total new borrowing ...

One major sticking point for Republican fiscal hawks is the megabill’s proposed $5 trillion debt ceiling increase.