There is a long, bipartisan history of attempts to rein in spending and address concerns about government inefficiencies, ...

This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

The U.S. economy expanded throughout 2024, but growth slowed in the last three months of the year as businesses pulled back ...

A top Republican budget hawk called growing federal interest costs "a ticking time bomb that must be defused." ...

Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.

U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday ...

WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...

There is no other Cabinet position that has to engage with lawmakers in Congress across so many disparate technical issues, ...

Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the Congressional Budget Office’s (CBO) ...

Long-term yields have hovered around 5%. If they stay there, the government’s inflation-adjusted cost of borrowing will likely exceed the economy’s rate of growth — meaning the debt ratio will rise ...

The United States has the smallest defense budget in nearly 100 years. If the U.S. is in a cold war, it seems to be cheaper and less urgent than the last.