6 days ago
The Congressional Budget Office said Friday that after four straight years of annual shortfalls exceeding $1 trillion, Obama's budget would leave this year's deficit at $669 billion.
8 days ago
But under the rules binding the CBO, the nonpartisan agency that does economic and budget analysis for Congress, they are included in official projections.
72 days ago
The federal budget deficit will drop to $845 billion this year after topping $1 trillion for four straight years, the nonpartisan Congressional Budget Office projects.
83 days ago
A report released by the Congressional Budget Office Friday says a Senate-passed farm bill would save $1.3 billion annually, as opposed to the $2.3 billion per year in savings estimated last year.
83 days ago
The Congressional Budget Office estimates that changing to the new, lower inflation adjustment known as the chained consumer price index would curb federal spending by $198 billion over that time...
85 days ago
If nothing is done about the long-term budgetary burdens, the debt will reach $19.9 trillion by 2023, according to the Congressional Budget Office.
100 days ago
The Congressional Budget Office is forecasting that this year's deficit will total $845 billion.
107 days ago
CBO director Douglas Elmendorf told reporters Tuesday that there are consequences for allowing fiscal problems to go unfixed.
107 days ago
However, CBO warns that future growth would be constrained if the government doesn't reduce future deficits.
124 days ago
"At one point several weeks ago," Boehner recalled, "the president said to me, 'We don't have a spending problem.' "That would be news to the Congressional Budget Office, which has declared that...
139 days ago
The Congressional Budget Office also says the measure should reduce the risk of recession this year by not slamming the economy with a huge tax increase.
142 days ago
Adding to the fury was the CBO report, which showed an explosion in new deficits at a time when the nation is struggling to control record debt.
154 days ago
At the top of the Congressional Budget Office's list of the biggest tax breaks is the exclusion of employer-provided health insurance from income and payroll taxes.
163 days ago
The nonpartisan Congressional Budget Office says leaving the tax increases and spending cuts in pace for a year would push the economy into recession in the first half of 2013.
164 days ago
Because it came out just two days after the presidential election, when everybody was heartily sick of politics, the CBO report got comparatively little attention.
173 days ago
In 2019, some families could see their premiums climb four times as quickly as the help they receive from the government, according to the CBO.