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US borrowed $1.2 trillion in past 8 months: CBO
The Hill via AOL· 4 days agoThe federal government has borrowed roughly $1.2 trillion in the eight-month period ending in May, the Congressional Budget Office (CBO
Bill to reward pandemic fraud whistleblowers highlights claw back challenges
The Center Square· 1 day agoThe Congressional Budget Office estimated H.R. 7129 could bring in $123 million through new civil...
CBO: U.S. budget deficit at $1.7 trillion over past year
The Center Square· 2 days agoOn Monday alone, the national public debt grew by $37 billion. The national debt is separate from...
Feds are still slated for a 2% average pay raise in 2025 per House appropriations bill
Government Executive· 7 hours agoLast spring, President Biden turned heads by releasing a fiscal 2025 budget proposal with a 2.0%...
McDermottPlus Check-Up: June 14, 2024
The National Law Review· 7 hours agoThe bipartisan legislation dealt with public health, Medicaid fraud and some small telehealth bills, but not the Medicare extension legislation that the...
LETTER: Economic news actually pretty good
Beloit Daily News· 3 days agoThe Congressional Budget Office (CBO) has found that the “goods and services” an American household consumed in 2019 were cheaper in 2023 than they were four years ago. This surprising
Dean Baker, DC Report @ Raw Story
The Raw Story· 7 days agoBecause these policy shops are well-funded and well-connected we can be sure that major media outlets, like The New York Times, The Washington Post and National Public Radio, will give their ...
Maddow Blog | Despite failures, GOP eyes new tax breaks for rich, corporations
MSNBC via Yahoo News· 3 days agoThe non-partisan Congressional Budget Office recently presented lawmakers with a new price tag: They...
Why good fiscal forecasts matter
The Day· 18 hours agoUncle Sam enjoyed unexpectedly robust net income tax receipts of $483 billion, amounting to a $103 billion, or 27%, increase over April 2023, according to the Congressional Budget< ...
$3.4 trillion in individual tax cuts are expiring next year. Biden and Trump would handle it very...
CNN via Yahoo Finance· 2 days agoExtending the individual and estate tax provisions would add more than $3.4 trillion to the federal...