CBO

The Congressional Budget Office on Tuesday said that the budget deficit and the public debt in the United States would continue to rise progressively over the next decade to hit the worst levels since the World War II if the existing and spending remains the same. Deficit, Debt To...

Fed officials recently began talking about a “pause” for interest rates. Wednesday’s decision to keep rates unchanged and to remove some hawkish language from its previous statement might indicate the “pause” is underway. It wasn’t just the decision to keep rates...

Many Republican voters are thrilled with the party’s tax cuts, which have kick-started U.S. GDP growth. Yet fiscal conservatives have begun to question whether or not the tax cuts and economic growth are coming at the expense of the federal budget. Between the $1.5-trillion tax cut enacted...

On Thursday, Senate Republicans unveiled their revised healthcare reform bill. Here’s everything you need to know. ‘Skinny’ Policies  The new bill allows insurers to sell “skinny” insurance plans that don’t meet the minimum coverage requirements currently in...

The Congressional Budget Office said Monday that the latest health care bill struck in secret by a select group of U.S. senators would chop 22 million people off the health-insurance rolls by 2026, another nail in the coffin of legislation backed by a dwindling number of GOP lawmakers. Moderates...

It turns out, there are things happening in Washington other than investigations into Russia, healthcare reform and President Donald Trump’s tweets. An under-the-radar Postal Service reform bill would save the country $6.2 billion over the next decade, according to the Congressional Budget...

Height Securities released its latest analysis of the American Health Care Act Friday following the Congressional Budget Office’s scoring report. Height analyst Stefanie Miller believes the CBO’s scoring will not hinder Republican efforts to move the bill through to the President...

According to CNN Money, the amount of spending the U.S. federal government oversees is actually sitting at a multi-decade low. CNN Money, citing the Congressional Budget Office (CBO), reported on Monday that within 10 years, defense and domestic spending is on pace to decline to the lowest level as...

U.S. stocks finished the day near session lows as investors found little reason to be bullish. Housing data came in poor and failed to rally the bulls. Several Fed members raised the idea of a rate hike but “participants agreed that, with the unemployment rate approaching 6.5 percent, it would...

U.S. stocks finished the day almost unchanged as investors and traders were presented with a mixed bag of data today. A better than expected report on the service sector negated another report that showed that companies added fewer employees to their payrolls than anticipated in January. The...

This weekend in Barron's online: the looming economic calamity if entitlement spending is not reined in, as well as the prospects for AMC Networks, Prem Watsa and more. Cover Story "What, Me Worry?" by Gene Epstein. Unless Washington stops dithering, says this week's cover story in Barron's, the...

Doug Elmendorf, the head of the Congressional Budget Office, stated today that the fiscal path of the U.S. is unsustainable and requires major intervention. Elmendorf pointed to an estimate that found that the national debt would swell from 53% of GDP to 90% of GDP by 2020 if Pres. Obama's 2011...