Congressional Budget Office raises this year’s federal budget deficit projection by $400 billion
Read full article: Congressional Budget Office raises this year’s federal budget deficit projection by $400 billionThe Congressional Budget Office says it projects this year’s federal budget deficit to be $400 billion higher, a 27% increase compared to its original estimate released in February.
America's debt tops $34 trillion, but a commission to address it appears dead in Congress
Read full article: America's debt tops $34 trillion, but a commission to address it appears dead in CongressA promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges.
The federal debt tops $34 trillion and some in Congress want a commission to find ways to tackle it
Read full article: The federal debt tops $34 trillion and some in Congress want a commission to find ways to tackle itA bill to create a bipartisan commission that would tackle the nation’s soaring debt and make policy recommendations to Congress has won approval from a House committee.