Hiltzik: Here’s how a budget cut turns into a budget deficit
Scarcely a week into the tenure of House Speaker Mike Johnson (R-La.), and his view of American voters and the press as dimwits to be…
SNAP spending would grow under Biden-McCarthy debt limit deal: CBO
WASHINGTON − A bipartisan agreement to avoid a catastrophic default on the nation’s debt would result in the government spending more money, not less, on…
CBO: U.S. could face debt ceiling crisis this summer if debt limit is not raised or suspended
1/5 The Congressional Budget Office issued a warning Wednesday that the United States government could face a debt crisis this summer if the current $31.4…
US could face debt-cap crisis this summer without deal, CBO warns | Business and Economy News
The United States Congressional Budget Office (CBO) on Wednesday said the Treasury Department will exhaust its ability to pay all its bills sometime between July…
CBO projects higher unemployment, slow exit from inflation
WASHINGTON — The Congressional Budget Office said Wednesday that it expects the U.S. economy to stagnate this year with the unemployment rate jumping to 5.1% —…