Politics Sep 26 CBO estimates Biden’s student debt plan could cost $400 billion over 30 years By Collin Binkley, Associated Press
Economy Jul 01 CBO projects federal deficit will hit $3 trillion this year In an updated forecast Thursday, the CBO said the deficit for the current 2021 budget year, which ends Sept. 30, will be the second-largest in history, coming in shy of last year's record shortfall of $3.13 trillion. By Martin Crutsinger, Associated Press
Economy Mar 04 CBO expects U.S. federal debt to double over next 30 years The long-term drivers of managing the debt are rising interest rates and spending on programs such as Social Security and Medicare. By Josh Boak, Associated Press
Politics Feb 08 CBO finds $15 minimum wage would reduce poverty, increase federal debt A new report from the Congressional Budget Office finds that increasing the minimum wage to $15 an hour would reduce the number of Americans living in poverty and boost wages for millions of people. By Kevin Freking, Alan Fram, Josh Boak, Associated Press
Nation Nov 13 U.S. budget deficit surges to $134.5 billion in October The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. By Martin Crutsinger, Associated Press
Jul 08 Hiking minimum wage to $15 would boost millions, government report says By Associated Press The nonpartisan Congressional Budget Office also said Monday some 1.3 million workers could lose their jobs with the higher wage. Continue reading
May 08 Column: A financial reality check on the push for health care reform By Philip Moeller Congressional Budget Office reports on single-payer health care, drug pricing and broader federal subsidies provide key insights into how much health care reform proposals will cost. Continue reading
Jan 28 Shutdown projected to cost U.S. economy $3 billion, government report says By Andrew Taylor, Associated Press The report says the five-week shutdown has slowed growth in the near term, but that most of the lost growth "will eventually be recovered."… Continue reading
Apr 09 Tax cuts, spending to raise deficit to $1 trillion by 2019, according to new analysis By Andrew Taylor, Associated Press The Trump administration had promised the cuts would pay for themselves. Continue reading
Jan 09 CBO says Children’s Health Insurance Program would cost $800 million for five years By Alan Fram, Associated Press Financing for the program expired last fall. Congress has temporarily extended its funding, but growing numbers of states have moved closer to exhausting their money. Continue reading