Search results
US CBO forecasts slightly smaller $1.5 trillion deficit for 2024
Reuters via Yahoo Finance· 4 months agoWASHINGTON (Reuters) -The U.S. Congressional Budget Office on Wednesday projected a slightly smaller...
U.S. FY 2022 budget deficit halves to $1.375 trln despite student loan costs
Reuters via Yahoo Finance· 2 years agoThe U.S. government on Friday reported that its fiscal 2022 budget deficit plunged by half from a...
Biden plan to cancel some U.S. student loan debt will cost $400 billion -CBO
Reuters via Yahoo News· 2 years agoWASHINGTON (Reuters) -U.S. President Joe Biden's executive actions cancelling some student loan debt...
CBO projects higher unemployment, slow exit from inflation
AP Finance via Yahoo Finance· 1 year agoThe Congressional Budget Office said Wednesday that it expects the U.S. economy to stagnate this...
CBO report sets summer as timeframe for deal to avoid US default and raise debt ceiling: recap
USA TODAY via Yahoo News· 1 year agoDebt ceiling default could come as soon as July. The Congressional Budget Office Wednesday declared...
National Debt Set to Soar, Driven by Rising Interest Costs: CBO
The Fiscal Times via Yahoo Finance· 2 years agoThe U.S. budget deficit is set to shrink dramatically this year as pandemic stimulus spending wanes...
Jack Mintz: U.S. deficits and debt are frightening to behold
Financial Post via Yahoo Finance· 12 months agoAmericans and everyone else can heave a sigh of relief that the Republicans and Democrats raised the...
Explainer-Biden's budget vs. Republican debt ceiling bill on spending, deficits, taxes
Reuters via Yahoo Finance· 1 year agoBy David Lawder WASHINGTON (Reuters) -President Joe Biden's administration and Republicans in the...
Debt held by US public on track to hit record high in next decade: Estimate
The Hill via Yahoo News· 4 months agoFederal budget analysts said Wednesday that debt held by the U.S. public is on track to hit a record...
UPDATE 1-CBO says US 30-year deficits to grow at slower pace due to spending caps, stronger GDP
Reuters via Yahoo Finance· 3 months agoThe Congressional Budget Office said on Wednesday that U.S. deficits and debt will grow considerably over the next 30 years as interest costs mount, but the outlook had improved from forecasts ...