The Latest Breaking News from CBO

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

Democrats' high-stakes math game

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

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

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

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

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.

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

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…

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

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