Federal budget deficit hits $1.8T: 5 notes
A report from the Congressional Budget Office estimates the U.S. budget deficit grew to $1.8 trillion in the last fiscal year, driven partially by increased spending on programs for older Americans, including Medicare. Here are five takeaways from the report:
As healthcare costs soar, the Congressional Budget Office (CBO) has recently shed light on a hot political issue: the ...
No matter the result of next month's election, President Joe Biden will soon leave the White House. That makes it a good time for a nearly final assessment of his ...
The legally dubious funding transfer will cost taxpayers $5 billion in 2025 alone, writes Sen. Mike Crapo.
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During the past two years, the House Budget Committee has made more progress on budget reform than we’ve seen in recent ...
Lawmakers left town last week without passing additional natural disaster funding, and approving additional money may prove ...
The numbers: The Small Business Administration is requesting Congress provide $1.6 billion in new funding to cover the ...
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