Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
Government Executive4d
House Oversight Republicans open Congress with rants against telework, unions
The first hearing of the House Oversight and Government Reform Committee was ostensibly about telework yet frequently ...
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...
National debt races toward record level as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...
10-year outlook for budget given
The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of ...
Newsweek6d
Navy Expansion Plans Could Cost Over $1 Trillion
The Congressional Budget Office in January 2025: "The Navy's 2025 plan would cost 46 percent more annually in real terms (that is, adjusted to remove the effects of inflation) than the average ...
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.