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CBO, Trump and budget deficit
CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
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 deterioration in government finances before President-elect Donald Trump takes office on Monday.
CBO Projects U.S. Debt to Surge $23.9T, Excluding Tax Cuts by Trump
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending would total $7 trillion during the fiscal year,
Trump, tax cuts
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to change the rules.
Trump wants to cut taxes. So do governors and lawmakers in some states
President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. (AP) — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more.
Trump treasury pick: Extending Trump tax cuts 'single most important economic issue'
TRUMP TELLS EU TO BUY MORE AMERICAN-MADE OIL AND GAS OR FACE 'TARIFFS ALL THE WAY' Trump’s economic plan includes extending the 2017 tax cuts and imposing tariffs ranging from 1
11h
on MSN
National debt races toward record level 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 ...
11h
on MSN
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 ...
MyNorthwest.com
15h
Trump swearing-in will move inside Capitol Rotunda because of intense cold
President-elect Donald Trump will take the oath of office from inside the Capitol Rotunda Monday due to forecasts of intense ...
Opinion
15h
Opinion
Trump plans an audacious grab for congressional ‘power of the purse’
As a presidential candidate last year, Donald Trump declared that if California Gov. Gavin Newsom (D) did not divert more of ...
11h
on MSN
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 ...
2d
on MSN
Trump’s pick for budget director won’t say whether he would release Ukraine aid
He stressed he would follow the law, even as he emphasized Trump’s desire to overturn the 1974 Impoundment Control Act that ...
federalnewsnetwork.com
1d
GOP lawmakers criticize federal telework as possible return-to-office looms
Republicans' renewed probe into federal telework sets the stage for how President-elect Donald Trump may approach a possible ...
13d
on MSN
Trump tariffs would shrink the federal deficit, but also the economy, CBO says
President-elect
Donald
Trump
has vowed across-the-board tariffs on a scale that hasn't happened in the U.S. in more than ...
WBUR
20h
Resistance and compromise: How Mass. Democrats plan to deal with minority status in D.C.
Every member of the delegation talks about resisting parts of Trump's agenda, but some say there's room for strategic ...
1d
on MSN
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 ...
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