The Latest Breaking News from CBO

Democrats are urging action to avoid the year-end expiration of expanded subsidies for buying health insurance on government-run exchanges.

The Federal Reserve on Sept. 17, 2025, cut its target interest rate as it shifts focus from fighting inflation to supporting the choppy labor market.

Sen. Elizabeth Warren (D-Mass.) is targeting President Donald Trump's “Big Beautiful Bill,” warning that corporations are set to reap a $67 billion windfall in retroactive research breaks while American families struggle with underfunded child care.

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.