White House Budget Freeze Tried to Flip Script on Busted Budget Process
Presidents from both parties, including Trump, have let the budget grow and grow. The White House is trying to make changes ...
Democrats urge delay on Trump budget office nominee in response to funding freeze
Senate Democrats are demanding that Republicans postpone a vote scheduled for Thursday on Russell Vought, President Trump’s ...
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 ...
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
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States go after Trump funding pause in court
The pause takes effect at 5 p.m., and agencies have been instructed to provide OMB “detailed information” on affected ...
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US population projections shrink from last year because of declining birth rates, less immigration
The Congressional Budget Office has shrunk its projections for ... The budget office last year projected 383 million people living in the United States in 30 years but reduced that ...
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
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 ...
Trump funding freeze a blatant violation of Constitution, federal law: Legal experts
The Constitution, federal law and court decisions make it clear: President Donald Trump's order to pause federal funding is ...