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Increased spending pushes 2024 US budget deficit estimate to $1.9 trillion
Reuters via Yahoo Finance· 10 hours agoThe U.S. budget deficit will jump to $1.915 trillion for fiscal 2024, topping last year's $1.695...
CBO says US 30-year deficits to grow at slower pace due to spending caps, stronger GDP
Reuters via Yahoo Finance· 3 months agoWASHINGTON (Reuters) -The Congressional Budget Office said on Wednesday that U.S. deficits and debt...
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...
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...
CBO sees US default in first half of June without debt ceiling increase
Reuters via Yahoo Finance· 1 year agoWASHINGTON (Reuters) -The United States faces a "significant risk" of defaulting on payment...
Rate of US uninsured to rise to 8.9% in the next decade, Congressional Budget Office says
Reuters via Yahoo News· 8 hours agoThe rate of Americans who are uninsured will rise to 8.9% over the next decade from 7.7% in 2024,...
CBO projects 1.5% U.S. GDP growth in 2024, 4.4% jobless rate
Reuters via Yahoo Finance· 6 months agoThe updated projections from the nonpartisan budget referee agency on Friday also included a...
CBO revises U.S. 2023 growth forecast higher amid strong first-half labor market
Reuters via Yahoo Finance· 11 months agoThe Congressional Budget Office revised its 2023 U.S. economic growth forecast substantially upward...
US public debt burden to rise to 181% of GDP by 2053, CBO projects
Reuters via Yahoo Finance· 12 months agoThe U.S. public debt burden will reach 181% of economic output in 2053, the Congressional Budget...
US CBO: debt ceiling bill to cut $1.5 trillion from deficit over decade
Reuters via Yahoo News· 1 year agoWASHINGTON (Reuters) -The U.S. Congressional Budget Office said on Tuesday its budget deficit...