The Latest Breaking News from CBO

Why is Washington acting like the U.S. is in a recession?

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.

Fortune · Oct 27, 2025

Budget watchdog on $38 trillion national debt: ‘It’s tough to decide what the most appalling part is of today’s announcement’

The Committee for a Responsible Federal Budget is glum: “The reality is that we’re becoming distressingly numb to our own dysfunction.”

Fortune · Oct 23, 2025

Don't Extend Obamacare Subsidies To End the Government Shutdown

Government interference in health care should be reduced, not expanded.

Reason · Oct 22, 2025

After All Those DOGE Cuts, Federal Spending Still Increased by $300 Billion

For the fiscal year that ended on September 30, the federal government spent more than $7 trillion and ran a $1.8 trillion deficit.

Reason · Oct 10, 2025

$1.8 trillion deficit revealed during 'pointless and wasteful government shutdown,' budget watchdog says

The U.S. is on track to borrow nearly $2 trillion per year for the next decade, the CRBF notes. "How can anyone think this is sustainable?"

Fortune · Oct 9, 2025

What the Democrats Are Doing Right Now Won't Lower Health Care Costs—but Here's What Actually Would

Four ideas that are better than extending Obamacare subsidies and a government shutdown.

Reason · Oct 9, 2025

How Democrats are trying to bust Republican lies about healthcare for undocumented immigrants

At the centre of the government shutdown is the issue of healthcare for Americans being stripped by Trump’s ‘big, beautiful bill’

The Guardian - US · Oct 4, 2025

Trump says the U.S. can grow its way out of $37 trillion in debt. Ray Dalio’s debt-cycle research says not so fast

“With the kind of growth we have now, the debt is very low, relatively speaking. You grow yourself out of that debt,” Trump said.

Fortune · Oct 4, 2025

Here's why the US shutdown may prove more painful than past crises

Government shutdowns aren't uncommon in the US, but this one could be more damaging that prior crises. President Trump is threatening permanent job cuts at a time when the labour market is already weak.

Euronews · Oct 3, 2025

Federal shutdowns usually don't do much economic damage. There are reasons to worry about this one

Shutdowns of the federal government usually don’t leave much economic damage

The Independent UK · Oct 2, 2025