CBO
CBO’s 2020 Economic Outlook Shows Trillion-Dollar Deficits Are Here To Stay
Unsurprisingly, the United States’ fiscal outlook remains dreadful.
CBO Report Shows Trillion-Dollar Deficits and Much Worse Around the Corner
An already grim fiscal outlook grew worse in the Congressional Budget Office’s (CBO) update to its Budget and Economic Outlook for 2019 to 2029.
Congress Drives the "Megabus" Off the Tracks
Even with the national debt at more than $22 trillion and trillion-dollar annual deficits beginning in fiscal year (FY) 2022, Congress continues full-speed ahead towards another fiscal disaster. This week’s poor spending decision comes from H.R....
CBO Budget Outlook Projects Debt Disaster is on the Horizon
On January 28, 2019, the Congressional Budget Office (CBO) released its annual Budget and Economic Outlook for 2019 to 2029 and unsurprisingly, the United States’ fiscal outlook remains dreadful.
GSE Uncertainty Continues to Put Taxpayers at Risk
On September 6, 2018, the House Financial Services Committee held a hearing to evaluate the ill-famed ten-year anniversary of conservatorship for government sponsored enterprises (GSEs) Fannie Mae and Fredd
CBO Projects Strong Economic Growth in 2018 and 2019; Trillion Dollar Deficits By 2020
Today, the Congressional Budget Office (CBO) released its annual Budget and Economic Outlook for 2018 to 2028. In order to include several important pieces of budget and spending legislation that pa
Will the Individual Mandate Finally Be Repealed?
The House of Representatives and the Senate are vigorously working to pass a tax reform package before the end of the year. Both the House and Senate passed their budget resolutions with reconciliation inst
