WASHINGTON — A government report released Tuesday estimates that this year's budget deficit will rise to $544 billion, an increase over prior estimates that can be attributed largely to tax cuts and spending increases passed by Congress last month.
Budget cuts and increased revenue have again cut the federal deficit. But the Congressional Budget Office forecasts that under current policy (including the sequester/budget cuts) the deficit will start to rise again in 2018.
Solid economic growth will help the federal budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released Monday.
WASHINGTON — The federal government's budget deficit has fallen to $486 billion, the smallest pool of red ink of President Barack Obama's six-year span in office, a new report said Wednesday.
WASHINGTON — The White House says this year's budget deficit will drop to $583 billion, the lowest level of President Barack Obama's tenure.
WASHINGTON — A new government report says the Affordable Care Act’s health insurance subsidies will cost a little less than previously thought. The Congressional Budget Office predicts that health insurance subsidies under so-called “Obamacare” will total a little more than…
Congress Will Decide to 'Punt Again' or 'Jump Off Cliff' to Fix Budget Deficit…
House Democrats are preparing for a vote on health care legislation, after the Congressional Budget Office reported the bill will cost $940 billion but would cut more than expected from the deficit. Jeffrey Brown talks to two health and policy…
President Obama prepared to announce a proposal to freeze all non-defense spending over the next three years. Judy Woodruff speaks with the top Democrat and Republican from the Senate Budget Committee for more.
For most working people who receive health care through an employer, little will change under the sweeping health care reform bill the Senate is now considering, according to a congressional budget analysis released Monday.
Additional Support Provided By:
