Even Progressives Now Worry About the Federal Debt
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.
'Nothing Is off the Table' for DOGE Cuts—Even Medicaid, TD Bank Predicts
The new Department of Government Efficiency can't go after Medicare or Social Security. That leaves Medicaid in a vulnerable ...
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 ...
Column: Improve health by increasing state Medicaid payments
Virginia has an opportunity to improve residents’ health by increasing Medicaid payments to primary care physicians, ODU ...
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Committee for a Responsible Federal Budget2d
More than 4/5 of Spending Growth Will Come from Social Security, Health, & Interest
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...
Executive Gov7d
CBO Projects Debt, Budget Deficit Increase Through 2035
Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.
The Trump Economy Begins: How a Republican Congress Could Impact Those Relying on Social Security
Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen ...
International Business Times12d
Congressional Budget Office Offers Dire Warning About Annual Deficits Dwarfing GDP
The Congressional Budget Office says that the amount of federal ... levels will rise as increases in spending on Social Security, Medicare and interest payments outpace growth in revenues.
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
Fox Business12d
New budget projections show US hitting debt record in 4 years: CBO
Medicare and interest payments outpace growth in revenues," CBO Director Phillip Swagel told reporters. THE FEDERAL DEFICIT KEEPS GROWING, AND THE CONGRESSIONAL BUDGET OFFICE HAS SOLUTIONS The ...