CBO

The Latest

  • U.S. Federal Deficit Triples To Historic High $3.1 Trillion
    Trump
    The United States posted a historically high budget deficit of $3.13 trillion and heads for a future fiscal crisis.
  • COVID-19 To Slash US GDP By $8 Trillion In 10 Years
    FILE PHOTO: An empty shopping cart sits in front of the J.C. Penney department store in North Riverside
    The U.S. economy is in for a very tough next 10 years as the COVID-19 pandemic reduces growth by 3%.
  • Congress Says US Deficit To Skyrocket To $1 Trillion In 2020
    BUDGET
    US lawmakers grapple to cushion a soaring deficit in national budget as economy faces tough times