Trump’s gusher of misleading economic statistics at Davos
In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on ...
Reuters7d
CBO sees US 2025 deficit flat at $1.9 trillion before any Trump tax changes
WASHINGTON, Jan 17 (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with last year and indicating no major ...
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
Anti-Trump columnist delivers withering assessment of 'failed' Biden presidency as he leaves office
George Will, an anti-Trump columnist for The Washington Post, wrote a scathing assessment of President Biden's actions as ...
Trump push to use tariffs to pay for tax cuts faces opposition in Congress
U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for ...
CBO projects U.S. debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
Lawler, Latimer favor study of Social Security's future as fund faces depletion by 2033
With the clock is ticking on the Social Security Trust Fund, Reps. George Latimer and Mike Lawler say more time is needed to ...
Navy Expansion Plans Could Cost Over $1 Trillion
The Navy's 2025 plan would cost 46 percent more each year—when adjusted to take out inflation—than the average amount dedicated yearly over the past five years, the CBO said. The total shipbuilding ...