The Government Accountability Office reiterated its recommendation that Congress create a sustainable fiscal plan in order to prevent public debt from surpassing gross domestic product. The government watchdog on Monday released its
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Margaret Weichert, acting director of the Office of Personnel Management, said the White House is introducing a measure to authorize the move of OPM to the General Services Administration on Friday, FCW reported Tuesday.
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An aerospace and defense trade group has asked Congress to devise a tax reform plan that would not contribute to budget deficit in an effort to prevent potential cuts to defense spending
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The Senate voted 51-49Â Thursday to approve its fiscal 2018 budget resolution that would authorize a tax reform plan, The Hill reported Thursday. The budget measure proposes to increase defense spending levels at
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A new Congressional Budget Office report says the federal budget deficit in fiscal year 2017 ended Sept. 30 reached $668 billion, approximately $82 billion higher than the shortfall recorded in the previous fiscal year.
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A new Congressional Budget Office report says the federal budget deficit for the first half of fiscal 2017 reached $522 billion, approximately $63 billion higher than the agency’s shortfall estimates for the same period
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Mick Mulvaney, director of the Office of Management and Budget, has said President Donald Trump plans to release a detailed version of his budget plan in May that will include a strategy to address U.S. deficits, Reuters
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Keith Hall, director of the Congressional Budget Office, has said CBO predicts the U.S. budget deficit to grow over the next 10 years if current laws remain unchanged. Hall said in a statement published
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A new Congressional Budget Office report says the federal budget deficit in fiscal year 2016 ended Sept. 30 reached $587 billion, about $148 billion higher than the shortfall recorded in the previous fiscal year. CBO
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The Congressional Budget Office has estimated the federal government’s budget deficit at $588 billion for the 2016 fiscal year Sept. 30 in an increase of $149 billion over the figure calculated in FY 2015. CBO said
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