The Latest Breaking News from CBO

With the Congressional Budget Office projecting $3.3 trillion in new debt from recent tax and spending legislation, we asked ChatGPT to break it down.

In just two months, Trump added another $1.5 trillion of deficit reduction in the form of new tariffs, CBO said. Still, the One Big Beautiful Bill Act will raise deficits by $3.4 trillion.

U.S. Fiscal year-end Sept 30 is a game-changer! Defense & tech stocks rise, or SPY falters due to shutdown fears. Be prepared for Oct 01.

On Friday, President Donald Trump celebrated a Congressional Budget Office report projecting that his sweeping tariffs will reduce U.S. deficits by $4 trillion over the next decade, even as analysts caution the levies could weigh on economic growth and face legal challenges.

The U.S. economy may appear steady on the surface, with consumer spending strong and the stock market charging ahead. Yet beneath that optimism lurks a...

What’s especially troubling is the way the multiple reached its current heights. The main driver wasn’t what matters most: rising profits.

The Congressional Budget Office estimated that the “visa integrity fee” would bring in more than $27 billion over a decade

Stable genius strikes again!

Parents of teens, adults up to 64 years old and veterans must work, volunteer or train to keep benefits, CBO finds

Former Chief Business Officer at Google X, Mo Gawdat, says the idea of AI creating jobs is "100% crap", further indicating that the technology will replace the entire workforce, including CEOs.

The Bureau of Labor Statistics, the CBO, and the Fed are far from perfect. But the U.S. needs a statistical system that is modern, agile, and protected from political interference.