Budget deficit for FY2024 hits $1.8 trillion, up from FY2023: CBO
The deficit totaled $1.8 trillion in FY2024, marking the second year in a row that deficits have totaled close to $2 trillion, according to the Congressional Budget Office (CBO) monthly budget review. In FY2023, the deficit was slightly lower at $1.7 trillion.
Federal officials have spent the past few days scrambling to move one factory’s inventory of IV fluid out of Florida as a ...
The Congressional Budget Office found that only one out of the seven policies it reviewed would create notable reductions in ...
“The fiscal outlook is daunting,” said Congressional Budget Office (CBO) Director Phillip Swagel during his opening test… Office of Management and Budget Director Shalanda Young testified ...
A slate of popular policies commonly bandied about to help reduce drug costs would each cut average prices by only a handful of percentage points, according to a recent Congressional Budget Office ...
Nonpartisan congressional analysts said the vice president's campaign plans are unlikely to generate the amount of revenue ...
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