Phillip Swagel, director of the Congressional Budget Office, testifies at an oversight hearing before the House Budget Committee. Centers for Medicare and Medicaid Services Chief Actuary Paul ...

The federal government's budget deficit was nearly $2 trillion last year and is expected to widen further in future years, with experts warning that the government needs to rein in deficits to ...

New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth. By Alan Rappeport Reporting from Washington America’s federal budget deficit ...

Expanding Medicare to cover weight loss drugs would cost $35 billion over eight years, according to a new report from the Congressional Budget Office (CBO). In its estimates released Tuesday ...

Now, interest payments on the debt alone are set to top $870 billion according to the Congressional Budget Office. While Biden projects cutting the deficit by $3 trillion over ten years ...

The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...

The Congressional Budget Office estimates that, under current law, federal spending on just Social Security and Medicare will increase by 2.9% of GDP over the next 30 years, while revenues will ...

WASHINGTON, Oct 8 (Reuters) - The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest ...

In a letter on Thursday, the Congressional Budget Office said that scenario would lead to “across-the-board reductions ...

according to new estimates from the Congressional Budget Office. Offering broad GLP-1 agonist access could also lead to about $4,300 per user in direct 2034 federal health care spending ...

Lori Chavez Oregon 5th Congressional District Debate Javascript must be enabled in order to access C-SPAN videos. *This text was compiled from uncorrected Closed Captioning.

The federal deficit clocked in at $1.8 trillion for fiscal 2024, according to the final estimate released Tuesday by the Congressional Budget Office. While generally in line with prior forecasts ...