Jan 24 President Trump inherits stable economy, Congressional report says By Andrew Taylor, Associated Press The new estimates from the nonpartisan Congressional Budget Office say the economy will hold relatively steady. Continue reading
Jan 19 Tax cuts help increase budget deficit to $544 billion this year By Andrew Taylor, Associated Press 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. Continue reading
Jan 27 Budget outlook shows deficits, health costs down, but debt continues to rise By Lisa Desjardins, Domenico Montanaro, Rachel Wellford, Simone Pathe 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. Continue reading
Jan 26 Deficit to shrink to lowest level of Obama presidency, CBO says By Stephen Ohlemacher, Associated Press 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. Continue reading
Oct 08 Budget deficit drops to lowest level in Obama's six years in office By Andrew Taylor, Associated Press 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. Continue reading
Jul 11 2014 budget deficit to drop to $583 billion, White House says By Andrew Taylor, Associated Press WASHINGTON — The White House says this year's budget deficit will drop to $583 billion, the lowest level of President Barack Obama's tenure. Continue reading
Apr 14 Affordable Care Act will cost less than expected, CBO reports By Andrew Taylor, Associated Press 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… Continue reading
Aug 22 Watch Congress Will Decide to 'Punt Again' or Go 'Off Cliff' to Fix Budget Deficit Congress Will Decide to 'Punt Again' or 'Jump Off Cliff' to Fix Budget Deficit… Continue watching
Mar 18 Watch Democrats, GOP Prep for Possible Weekend Vote on Health Reform 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… Continue watching
Jan 26 Watch Could a 3-Year Spending Freeze Help the U.S. Deficit? 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. Continue watching