The federal deficit clocked in at $1.8 trillion for fiscal 2024, according to the Congressional Budget Office.

Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion ...

The federal budget deficit for fiscal year 2024 rose to $1.8 trillion, the highest in three years, the Congressional Budget ...

The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest ...

The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest ...

The deficit totaled $1.8 trillion in FY2024, marking the second year in a row that deficits have totaled close to $2 trillion ...

Medicare coverage of weight loss drugs, if authorized, is seen increasing federal spending by about $35B from 2026 to 2034.

The Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review, showing a ...

One of the Congressional Budget Office’s longest-serving and most influential staffers, retired last week after 48 years on ...

Increased costs are due to the government subsidizing many seniors’ premiums by sending money to insurance firms.

The federal government is on pace to record one of the largest budget deficits in U.S. history this year when fiscal year 2024 concludes on Monday. According to a June estimate by the nonpartisan ...

The Government Accountability Office estimates improper ... and requiring the CBO director to testify before Congress more regularly. The Congressional Budget and Impoundment Control Act of ...