Rep. Brendan Boyle urges the nonpartisan Congressional Budget Office to detail the price of the war 'under several scenarios.

Less tariff revenue means that the federal government needs to borrow more, so outlays for interest will be $0.4 trillion ...

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

The Congressional Budget Office has been breached by hackers that are believed to be affiliated with a foreign actor. The CBO disclosed the incident on Thursday. According to the Washington Post, CBO ...

WASHINGTON (AP) — The Congressional Budget Office on Thursday confirmed it had been hacked, potentially disclosing important government data to malicious actors. The small government office, with some ...

One problem I have with cost-of-war calculations is that they really do ignore the counterfactual,” Kent Smetters of the Penn ...

The Congressional Budget Office reported on Wednesday that the government shutdown will cost between $7 billion and $14 billion in total, depending on when Congress reaches a funding agreement. The ...

In his address to a joint session of Congress in March 2025, President Donald Trump set a bold goal for the U.S. government. ...

Oct. 29 (UPI) --The longer the federal government shutdown lasts, the more it will cost the U.S. economy, which the Congressional Budget Office estimates at up to $14 billion. The current CBO estimate ...

WASHINGTON (AP) — The Federal Reserve is expected to cut short-term rates in 2026, with its key interest rate settling at 3.4% towards the end of President Donald Trump 's term in office in 2028, ...