Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Congressional Budget Office

Editorial: Budget agency pours ice water on Biden parade

How fitting that the Congressional Budget Office released its long-term fiscal projections Wednesday, the same day that President Joe Biden began his economic rehabilitation tour.

Tribune News Service · Jul 1, 2023

US public debt is projected to reach 181% of American economic activity in 30 years

The Congressional Budget Office is giving the world a concerning look at the U.S. government’s ledgers

The Independent UK · Jun 28, 2023

Budget loophole for Pentagon slush fund

Despite debt ceiling compromise, the Pentagon will continue to prove exempt from ceilings of any sort

Salon · Jun 21, 2023

From analysis to the latest developments in health,
read the most diverse news in one place.

Debt limit package passes House, heads to Senate - Roll Call

The House passed a bill Wednesday night to suspend the debt limit past the 2024 elections, sending the measure to the Senate.

Roll Call · Jun 1, 2023

What GOP got for pushing US to the brink

Republicans didn’t get most of what they sought in a bill they passed in April – though they did get some of it

Salon · May 30, 2023

COVID-19 clawbacks, spending caps and a cut – what House Republicans got in return for pushing the US to the brink of default

House Republicans pushed the U.S. to the edge of a fiscal crisis because they wanted deep cuts in government spending.

The Conversation · May 30, 2023

Biden, McCarthy will attempt to salvage debt limit deal

President Joe Biden and Speaker Kevin McCarthy plan to meet Monday afternoon to discuss how to raise the debt limit after a weekend of negotiations by proxies left each side accusing the other of throwing up new roadblocks to a deal.

Tribune News Service · May 22, 2023

Read news from The Economist, FT, and more,
with one subscription

Worried About the Debt Fight? Make the Hard Spending Decisions That Politicians Won't!

The debt ceiling isn’t the issue; excessive federal spending is the real problem.

Reason · May 22, 2023

Biden, McCarthy will attempt to salvage debt limit deal - Roll Call

President Joe Biden and Speaker Kevin McCarthy meet Monday to discuss how to raise the debt limit after a weekend of talks by proxies.

Roll Call · May 21, 2023

More red ink: Congressional budget agency projects bigger deficits as debt talks continue

The Congressional Budget Office says this year’s projected federal budget deficit has jumped by $130 billion

The Independent UK · May 12, 2023

CBO sees 'significant risk' of debt limit breach before June 15 - Roll Call

The Congressional Budget Office on Friday warned of a "significant risk" the U.S. will run out of cash and borrowing authority by June 15.

Roll Call · May 12, 2023

New debt limit forecast crashes into Capitol Hill - Roll Call

The federal government's debt managers warned Congress on Monday that lawmakers may have even less time to raise the borrowing limit.

Roll Call · May 1, 2023

Congress eyes work rules for millions covered by Medicaid

More than half a million of the poorest Americans would be left without health insurance under legislation passed by House Republicans that would require people to work in exchange for health care coverage through Medicaid

The Independent UK · Apr 30, 2023

McCarthy edges Republicans closer to House debt vote

House Republicans are pushing their debt ceiling package to a vote

The Independent UK · Apr 25, 2023

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK · Apr 8, 2023

Biden took jobless rate to 3.5%, but for how much longer?

President Joe Biden keeps seeing good economic news and bad public approval ratings

Tribune News Service · Mar 22, 2023

Chicken-or-egg game is on as Congress barrels toward debt limit

WASHINGTON — A House budget resolution will be delayed in part to allow for negotiations with President Joe Biden on a debt limit increase paired with some sort of concessions on spending and other policies acceptable to Republicans, according to House Budget Chairman Jodey C. Arrington.

Roll Call · Mar 17, 2023

GOP’s budget attack - Roll Call

Senate Republican budget writers waged a multifront offensive on President Joe Biden’s fiscal 2024 budget request, while Democrats pointed to a Congressional Budget Office analysis to say House GOP budget plans are unrealistic. CQ Roll Call’s David Lerman, Peter Cohn and Paul M. Krawzak assess how Biden’s blueprint was received…

Tribune News Service · Mar 6, 2023

CBO director to brief House members ahead of budget release

WASHINGTON — Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook as lawmakers consider whether to adjust spending levels in conjunction with lifting the debt limit.

Get all your
news in one place.

100's of premium titles.
One news app.

Roll Call · Mar 6, 2023

CBO director to brief House members ahead of budget release - Roll Call

Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook.

Tribune News Service · Mar 2, 2023

Obscure law contains debt limit escape hatch for Social Security

WASHINGTON — It’s a time-worn argument for raising the debt limit: Without increased borrowing authority, Social Security checks would stop flowing.

Roll Call · Mar 2, 2023

Obscure law contains debt limit escape hatch for Social Security - Roll Call

It’s a time-worn argument for raising the debt limit: Without increased borrowing authority, Social Security checks would stop flowing.

Tribune News Service · Feb 25, 2023

Karl W. Smith: Today's debt ceiling is tomorrow's dreaded debt bomb

As disconcerting as the U.S.’s current debt situation is, the outlook is even worse. When the bipartisan Congressional Budget Office updated its forecasts this month, it estimated that debt held by the public will climb to $46 trillion by 2033 from $31 trillion currently. This puts the country one step…

Los Angeles Times · Feb 16, 2023

USDA tells Senate panel it's struggling to feed needy families

WASHINGTON — A U.S. Department of Agriculture official testified Thursday that some of the agency’s food programs are being overburdened in the push to feed needy families.

Tribune News Service · Feb 15, 2023

Government will hit debt limit as soon as July, CBO says

WASHINGTON — The federal government will run out of cash to pay all its bills sometime between July and September unless the statutory debt limit is lifted, the Congressional Budget Office warned Wednesday.

Axios · Feb 15, 2023

U.S. risks debt default as soon as July, Congressional Budget Office estimates

It's the latest estimate of when the country's extraordinary measures to borrow additional funds will be fully exhausted.

1 … 4 5 6 7

Coverage From

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Department of Defense

580 stories

Social Security Administration

575 stories

CBO

500 stories

Department of Agriculture

186 stories

Congressional Budget Office

173 stories

The Freedom Caucus

95 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.