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    Congressional Budget Office

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    • Friday, 12 May, 2023
      US politics & policy
      US agency warns of ‘significant risk’ of debt default by mid-June

      Congressional Budget Office report piles pressure on political negotiators to agree a deal on raising debt ceiling

    • Wednesday, 15 February, 2023
      US budget
      US government risks defaulting on debt as soon as July, agency warns

      Congressional Budget Office forecast comes amid growing political war of words over lifting borrowing limit

    • Monday, 26 September, 2022
      US politics & policy
      Biden’s student loan forgiveness plan estimated to cost $400bn

      Republicans raise concerns price tag could stoke inflation

    • Friday, 19 November, 2021
      US politics & policy
      Biden’s $1.75tn Build Back Better bill delayed after Republican stymies vote

      Minority leader Kevin McCarthy speaks for more than eight hours in an effort to hold up passage of spending package

    • Tuesday, 24 November, 2020
      Martin Wolf
      What the world can learn from the Covid-19 pandemic

      Important lessons are already emerging to help us manage the impact of such diseases better in future

    • Tuesday, 28 January, 2020
      US budget
      US budget deficit forecast to blow out by mid-century

      CBO predicts $13tn shortfall this decade and deteriorating picture beyond

    • Wednesday, 21 August, 2019
      US budget
      US budget deficit forecast to swell to $960bn by end of 2019

      Budget agency chief says debt is on ‘unsustainable course’ and rising faster than expected

    • Monday, 28 January, 2019
      US budget
      Shutdown knocked billions from US economy

      Congressional Budget Office warns that $3bn in economic activity will never be recovered

    • Thursday, 20 September, 2018
      News in-depthFT Alphaville
      America's economic sugar high is starting to wear off
    • Tuesday, 31 July, 2018
      The FT ViewUS tax
      The Republicans ravage America’s fiscal future

      A party of Trump and Ryan cannot be trusted with the US’s finances

    • Monday, 30 July, 2018
      FT AlphavilleBrendan Greeley
      The capacity's not there yet (and probably never will be)
    • Thursday, 3 May, 2018
      FT AlphavilleUS economy
      Guest post: No entitlement crisis in America
    • Friday, 27 April, 2018
      Global Economy
      US wages jump on back of sturdy economic expansion

      Steady growth is finally lifting incomes after years of stagnation

    • Tuesday, 17 April, 2018
      Martin Wolf
      The global economic recovery is real but fragile

      The IMF is optimistic in the short term, but long-term structural risks remain

    • Monday, 9 April, 2018
      Global Economy
      Annual US budget deficit to exceed $1tn by 2020

      Congressional Budget Office warns of ‘serious negative consequences’ from rising debt

    • Monday, 9 April, 2018
      Global Economy
      US annual budget deficit to exceed $1tn by 2020, CBO says
    • Monday, 5 February, 2018
      News in-depthFT Alphaville
      Someone on the internet was wrong, $1tn of Treasuries edition
    • Thursday, 1 February, 2018
      Global Economy
      Economists warn of Trump deficit’s ‘dark trajectory’

      President’s large budget shortfall could push bond yields even higher

    • Tuesday, 12 December, 2017
      Global Economy
      Welfare in Trump’s crosshairs after tax overhaul

      Focus on trimming deficit following tax cuts places low-income individuals at risk

    • Monday, 4 December, 2017
      Tax
      Republican reforms threaten corporate tax credits

      Senate plan targets benefits enjoyed by renewables and technology industries

    • Monday, 4 December, 2017
      Larry Summers' blogLawrence Summers
      Thousands will die as a consequence of this new tax bill
    • Wednesday, 29 November, 2017
      US tax
      Yellen warns on outlook for surging US public debt

      Outgoing Fed chair voices concern as Senate debates tax cuts that could boost deficit

    • Tuesday, 28 November, 2017
      Larry Summers' blogLawrence Summers
      A modest proposal: time to rethink the impact of US tax reform
    • Tuesday, 21 November, 2017
      Martin Wolf
      A Republican tax plan built for plutocrats

      The reforms going through Congress clearly reflect the party’s priorities

    • Thursday, 16 November, 2017
      US tax
      Republican deficit hawks tight-lipped on costs of tax package

      Advocates say growth and lower spending can offset trillions in extra borrowing required

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