Congressional Budget Office

The Congressional Budget Office is forecasting a decline of 12% in U.S. GDP for the second quarter.
Paul Ausick
According to the latest estimate by the Congressional Budget Office, the U.S. government ran a budget deficit just shy of $1 trillion in the recently closed fiscal year.
Chris Lange
The Congressional Budget Office is projecting a 10-year budget deficit of $11.4 trillion through the end of 2029. The first $1 trillion annual deficit is forecast to come next year.
Paul Ausick
The U.S. House of Representatives has passed a bill to take the federal minimum wage to $15 an hour. There is evidence that more than 3 million people could lose jobs because companies may be unable...
Douglas A. McIntyre
According to a new report from the Congressional Budget Office, a federal minimum wage increase to $15 an hour would raise the incomes of 27 million Americans at the cost of 1.3 million jobs. That...
Paul Ausick
If the CBO is correct, the U.S. economy will go two decades without a recession, which is near twice any past the period.
Douglas A. McIntyre
The Congressional Budget Office Tuesday projected that U.S. debt repayment will equal Social Security spending by 2048.
Paul Ausick
Roku likely will have an initial public offering before the end of the year, the Congressional Budget Office reports that the White House will be unable to balance the U.S. budget for a decade, and...
Douglas A. McIntyre
What is the public supposed to think when the Affordable Care Act is still under attack and the CBO says that repealing it would increase federal budget deficits by $137 billion over the 2016 to 2025...
Jon C. Ogg
Source: ThinkstockThe U.S. Congressional Budget Office (CBO) released its Budget and Economic Outlook: 2015 to 2025 Monday morning. The non-partisan CBO now estimates that the federal budget deficit...
Paul Ausick
Source: U.S. National Park ServiceThe last time the United States had a budget surplus was in 2001, according the White House. Unimaginably, it may have one again, and within a very few years.The...
Douglas A. McIntyre
Source: ThinkstockThe Congressional Budget Office released a report that claims that an increase in the national minimum wage to $10.10 will cost American businesses $15 billion in 2017. The debate...
Douglas A. McIntyre
Source: ThinkstockThe Congressional Budget Office (CBO) released its updated estimate of the U.S. federal budget deficit on Monday afternoon. The agency now estimates that the fiscal year 2014...
Paul Ausick
Source: Jon OggTo raise the minimum wage or not to raise it, that is the big question right now. It turns out that one’s opinion on the matter may be as simple as how you vote. 24/7 Wall St. has...
Jon C. Ogg
Source: ThinkstockFor decades, economists have counted 5% unemployment as the sign of a healthy and fully recovered economy. The U.S. jobless rate remains so far from that number, one could fairly...
Douglas A. McIntyre