The Congressional Budget Office forecasts the U.S. budget deficit to reach $544 billion in fiscal 2016, about $105 billion more than fiscal 2015’s shortfall, Bloomberg reported Wednesday. Andrew Mayeda writes CBO said in a budget and economic outlook report
More
The Congressional Budget Office has published an infographic report that indicates the $439 billion U.S. budget shortfall the agency recorded for fiscal 2015 was the government’s smallest deficit since fiscal 2007. CBO said Wednesday federal debt held
More
Keith Hall, director of the Congressional Budget Office, has sent a letter to Senate Budget Committee Chairman Mike Enzi to discuss the results of a study on the potential budgetary effects of the proposed Restoring Americans’ Healthcare Freedom
More
A report by the Congressional Budget Office estimates that the U.S. budget deficit totaled $528 billion in the first 11 months of fiscal 2015, down $61 billion compared with the prior-year period’s shortfall.
More
A Congressional Budget Office report shows that the U.S. budget deficit reached $314 billion during the first nine months of the federal government’s 2015 fiscal year, down $52 billion from the prior-year
More
The Congressional Budget Office forecasts the U.S. annual budget deficit to reach $486 billion, $18 billion higher than the agency’s shortfall projection in January. CBO adjusted its federal debt estimate for fiscal
More
President Barack Obama late last week signed two key pieces of legislation that detail the Defense Department’s budget for fiscal year 2014 and the federal government’s budget for fiscal years 2014 and
More
President Barack Obama is seeking $100 billion in cuts to the defense budget over the next decade, down from $500 billion that were originally required under sequestration. Under the President’s $3.77 trillion
More
The U.S. Postal Service will enter another round of buyouts and reduce the number of overtime hours as it prepares to eliminate Saturday first-class mail delivery, Federal News Radio reports. Jason Miller
More
The Congressional Budget Office forecasts U.S. debt held by the public could reach 77 percent of gross domestic product by 2023, Reuters reports. David Lawder writes the CBO announced that prediction as
More
