Budget deficit for FY2024 hits $1.8 trillion, up from FY2023: CBO
The deficit totaled $1.8 trillion in FY2024, marking the second year in a row that deficits have totaled close to $2 trillion, according to the Congressional Budget Office (CBO) monthly budget review. In FY2023, the deficit was slightly lower at $1.7 trillion.
The Congressional Budget Office (CBO) today released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Revi ...
The Congressional Budget Office found that only one out of the seven policies it reviewed would create notable reductions in ...
New Biden-Harris Medicare plan could cost taxpayers $20 billion in election-year giveaway, CBO warns
Increased costs are due to the government subsidizing many seniors’ premiums by sending money to insurance firms.
A slate of popular policies commonly bandied about to help reduce drug costs would each cut average prices by only a handful of percentage points, according to a recent Congressional Budget Office ...
Nonpartisan congressional analysts said the vice president's campaign plans are unlikely to generate the amount of revenue ...
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