The CBO (Congressional Budget Office) projecst that increases in tariffs implemented during the period from January 6, 2025, to August 19 will decrease primary deficits (which exclude net outlays for ...

President Donald Trump’s tariff hikes, immigration crackdowns, and sweeping tax-and-spending agenda are expected to slow the U.S. economy in 2025 — raising joblessness and inflation while reducing ...

The Congressional Budget Office said that the final version of the One Big Beautiful Bill Act will add just under $3.4 trillion to deficits over the next decade. The new numbers, which came after a ...

President Trump’s increased tariffs will decrease U.S. government deficits by $4 trillion through 2035, according to newly revised projections by the Congressional Budget Office. Phill Swagel, ...

WASHINGTON — President Donald Trump’s tariff policy, immigration crackdowns and sweeping tax and spending law are expected to increase jobless rates and inflation and lower overall growth this year ...

A new analysis from the Congressional Budget Office (CBO) warns that Republicans' massive tax bill could lead to hundreds of billions in cuts to Medicare over the next 10 years. CBO analysts, in a ...

The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 ...

Washington — President Donald Trump's plans for mass deportations and other hardline immigration measures will result in roughly 320,000 people removed from the United States over the next ten years, ...

The ongoing federal government shutdown has cost the U.S. economy at least $18 billion this year, according to an Oct. 29 report from the Congressional Budget Office. The CBO said much of the damage ...