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The Latest Breaking News from CBO

Report: Federal debt lower in 2022; still poised to climb

The Congressional Budget Office says the end of pandemic-era spending, fast economic growth and higher tax revenues have caused the federal debt this year to be lower than forecast

The Independent UK · Jul 27, 2022

Big decisions loom for Democrats' giant health bill

Democrats' high-stakes math game

Axios · Jul 25, 2022

People warned to ring police if they see these men in parts of Merseyside

Police have asked people to call them if they see these men in parts of Merseyside and Lancashire

Liverpool Echo · Jul 5, 2022

From analysis to the latest developments in health,
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Rand Paul Asked Senators To Balance the Budget. Only 28 Agreed.

Rising interest rates will only make it harder to balance the budget in future years.

Reason · Jun 16, 2022

Senate passes major benefits expansion for sick veterans - Roll Call

The Senate passed a bill to expand health care and disability benefits for veterans who served in war zones and later contracted diseases.

Roll Call · Jun 16, 2022

Why Biden's Claim of Cutting the Deficit Is False, in a Single Chart

...and why government spending is like an infestation of cicadas.

Reason · Jun 13, 2022

Burn Pit Bill Creates Massive, Debt-Fueled Backdoor Expansion of the V.A. Health Care System

Iraq and Afghanistan veterans wouldn't have to show any link between their service and a long list of medical conditions to obtain government-funded healthcare.

Reason · Jun 7, 2022

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Resurrected budget package no slam dunk as negotiations heat up

Democrats face big obstacles and a deadline measured in weeks as they attempt to salvage a scaled-down tax, climate and health care package.

Roll Call · Jun 6, 2022

Analysis: Unexplained tax revenue growth vexes budget scorekeepers

WASHINGTON — The term “unexplained” doesn’t appear too often in official government documents, unless they are dealing with possible paranormal events, like UFOs. Yet the reference is sprinkled throughout the Congressional Budget Office’s latest budget and economic outlook to describe the recent strength in federal tax receipts that’s blown away…

Tribune News Service · Jun 1, 2022

Politicians Cause Real Pain With Inflationary Policies

Inflation damages the economy while doing the greatest harm to the most vulnerable.

Reason · Jun 1, 2022

Unexplained tax revenue growth vexes budget scorekeepers - Roll Call

Analysis: The CBO’s latest budget and economic outlook, which describes recent strength in federal tax receipts, is a head-scratcher.

Roll Call · Jun 1, 2022

New CBO Report Exposes Biden's Deficit-Reduction Misinformation

The president is trying to claim credit for falling deficits. Actually, his administration has overseen a $2.4 trillion increase in the long-term deficit.

Reason · May 27, 2022

Congressional Budget Office says inflation to last into 2023

The Congressional Budget Office says that high inflation will persist into next year

The Independent UK · May 25, 2022

The 'prolific' criminal who can no longer enter a home or business while wearing a face covering

Dale Simpson was sentenced last week

Manchester Evening News · May 24, 2022

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Liverpool Echo · May 22, 2022

Seven thieves banned from B&M, Asda, Tesco and Wilko

These men are banned from some of Britain's biggest supermarkets

Reason · May 18, 2022

Medicare for All Would Be a Terrible Trade

Top-notch health care, delivered fast and for low cost, really isn’t on the government's menu.

Roll Call · May 9, 2022

Tax revenue boom fuels steep budget deficit decline - Roll Call

April tax receipts totaled an estimated $864 billion, driving a $308 billion surplus last month. Both figures would be the largest on record.

Reason · Apr 29, 2022

Don't Wait! The National Debt Is Only Getting Worse

New CBO report shows that the longer Congress waits to deal with the debt, the bigger the problem becomes.

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Roll Call · Apr 6, 2022

Aviation program offset blows budget hole in Senate's COVID-19 aid plan - Roll Call

To win Republican support, Senate negotiators promised that a bipartisan COVID-19 aid package would be fully paid for.

Liverpool Echo · Apr 1, 2022

Teenager who 'terrorised' community locked up for entering town centre

The 17-year-old had been banned from entering certain areas after an array of offences

Benzinga · Mar 31, 2022

MORE Act Means Fewer Cannabis Prisoners, More Opportunity: Conclusions From The Congressional Budget Office's New Scoring

In response to the Congressional Budget Office’s new scoring of the MORE Act (H.R. 3617), US Cannabis Council CEO Steven Hawkins released the following statement:

Liverpool Echo · Mar 12, 2022

'Despicable' cowboy builder banned from knocking on every door in the UK

Alan Fitzgerald has received a criminal behaviour order for his repeat offending

Wales Online · Mar 12, 2022

Cowboy builder who fleeced elderly out of thousands banned from door-to-door sales in UK

Alan Fitzgerald has a prolific history of preying on vulnerable pensioners

Daily Mirror · Feb 9, 2022

Mum dubbed 'Pizzaface' after descending into heroin addiction and world of crime

Charlene McKerrow, 33, appeared on a police "most wanted" list and clocked up 75 offences and repeatedly went on the run, sleeping on sofas at the homes of friends in Bolton, Greater Manchester

USAFacts · Dec 4, 2019

What do the 2017 tax bills mean for the federal budget?

Recent tax legislation will alter federal revenue, spending, and the deficit.

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