White House Budget Freeze Tried to Flip Script on Busted Budget Process
Presidents from both parties, including Trump, have let the budget grow and grow. The White House is trying to make changes ...
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
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States go after Trump funding pause in court
The pause takes effect at 5 p.m., and agencies have been instructed to provide OMB “detailed information” on affected ...
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US population projections shrink from last year because of declining birth rates, less immigration
The Congressional Budget Office has shrunk its projections for ... The budget office last year projected 383 million people living in the United States in 30 years but reduced that ...
Trump plans an audacious grab for congressional ‘power of the purse’
As a presidential candidate last year, Donald Trump declared that if California Gov. Gavin Newsom (D) did not divert more of ...
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CED Issues Statement on January 2025 Congressional Budget Office Outlook
Founded in 1916, we are a non-partisan, not-for-profit entity holding 501(c)(3) tax-exempt status in the United States ... on-january-2025-congressional-budget-office-outlook-302356604.html ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
Trump’s spending freeze sets up a future possible Supreme Court showdown over presidential power
President Donald Trump’s dramatic pause of federal grants and loans is queuing up a Supreme Court showdown over the ...