The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five months ago, as it takes into account the cost of ...
The federal budget deficit for fiscal year 2021 totaled $2.8 trillion, the Congressional Budget Office estimated in a report released Friday. The gap is the second-largest on record, trailing only the ...
Forbes contributors publish independent expert analyses and insights. Pres of Paragon Health Inst. Special Asst to Pres at NEC, '17-'19. A new report from the Congressional Budget Office (CBO) shows ...
Feb 1 (Reuters) - The U.S. economy will grow 4.6% in 2021 after contracting 3.5% in 2020, the Congressional Budget Office said on Monday in a rosier forecast that could strengthen Republican ...
The Congressional Budget Office released four initial reports Wednesday on parts of President Biden’s sweeping $1.75 trillion social spending bill ahead of a planned vote in the House of ...
President Biden thinks the Congressional Budget Office’s analyses are the “gold standard” — but apparently only when it suits his needs. White House press secretary Jen Psaki on Friday continued to ...
The Congressional Budget Office (CBO) on Thursday projected the U.S. deficit to reach $3 trillion in 2021 and average $1 trillion per year over the next decade. The new forecast released by the ...
CBO: Bipartisan infrastructure plan will add $256 billion to projected deficits over the next decade
The bipartisan infrastructure plan making its way through the Senate will “add $256 billion to projected deficits” between 2021 and 2031, a report from the Congressional Budget Office released ...
WASHINGTON — After a year of immense spending during the COVID-19 pandemic and ensuing economic downturn, the federal deficit is projected to hit $3 trillion for the second year in a row, according to ...
The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five months ago, as it takes into account the cost of ...
FILE - In this Aug. 3, 2020, file photo dark clouds and heavy rain sweep over the U.S. Capitol in Washington. The Congressional Budget Office says the federal budget deficit will again hit $3 trillion ...
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