Congressional Budget Office

The US economy is expected to contract by double digits as unemployment surges, while the federal deficit is seen exploding to $3.7 trillion in 2020, the Congressional Budget Office said Friday.

Congressional Democrats slapped subpoenas Monday on the Pentagon and White House budget office as part of their advancing impeachment probe, demanding documents tied to President Donald Trump's withholding of military aid to Ukraine.

The nonpartisan Congressional Budget Office said the cost of the shutdown would make the US economy 0.02 per cent smaller than expected in 2019.

President Donald Trump on Friday abruptly named Mick Mulvaney, currently the director of the Office of Management and Budget, as acting White House chief of staff, elevating a conservative ideologue with congressional experience to steer the administration through a treacherous phase.

Thirty-two million Americans would lose their health insurance by 2026 if Obamacare is repealed without a replacement, the U.S. Congressional Budget Office reported late on Wednesday as President Donald Trump pushed fellow Senate Republicans to reach an agreement on overhauling the country's healthcare law.

Twenty-two million Americans would lose insurance over the next decade under the US Senate Republican healthcare bill, a nonpartisan congressional office said on Monday, complicating the path forward for the already-fraught legislation.

An estimated 23 million people would lose health coverage by 2026 under Republican legislation aimed at repealing Obamacare, a nonpartisan congressional agency said on Wednesday in the first calculation of the new bill's potential impact.

Fourteen million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare that would also reduce the budget deficit, the nonpartisan U.S. Congressional Budget Office said on Monday.

The US budget deficit fell by nearly a third during fiscal 2014 to $486 billion as federal revenues grew far faster than spending, the Congressional Budget Office said on Wednesday.

Investors are looking for a compromise to keep the U.S. economy from sailing over the fiscal cliff. It's just not clear that the politicians in Washington are ready to deliver one.

A new recession is likely if a stalemate over tax and spending cuts continues between Democrats and Republicans, according to fresh, dire projections by the nonpartisan US Congressional Budget Office.

S&P's move looks like a non-event. Interest rates are sharply lower, the Dow, too, has reversed course.

Obama's $830 billion stimulus bill — a third of it tax cuts — enacted when he took office has pretty much run out.

CEO Bob Benmosche says U.S. taxpayers will earn up to $10 billion on the $182 billion rescue of American International Group, the insurance company he runs. Of course, that depends on how one defines "profit."

The decline in bonuses as estimated by the New York City Independent Budget Office is nearly twice that forecast last week by the state comptroller, who had forecast a 13 per cent shrinkage.

The US economy is expected to contract by double digits as unemployment surges, while the federal deficit is seen exploding to $3.7 trillion in 2020, the Congressional Budget Office said Friday.

Congressional Democrats slapped subpoenas Monday on the Pentagon and White House budget office as part of their advancing impeachment probe, demanding documents tied to President Donald Trump's withholding of military aid to Ukraine.

The nonpartisan Congressional Budget Office said the cost of the shutdown would make the US economy 0.02 per cent smaller than expected in 2019.

President Donald Trump on Friday abruptly named Mick Mulvaney, currently the director of the Office of Management and Budget, as acting White House chief of staff, elevating a conservative ideologue with congressional experience to steer the administration through a treacherous phase.

Thirty-two million Americans would lose their health insurance by 2026 if Obamacare is repealed without a replacement, the U.S. Congressional Budget Office reported late on Wednesday as President Donald Trump pushed fellow Senate Republicans to reach an agreement on overhauling the country's healthcare law.

Twenty-two million Americans would lose insurance over the next decade under the US Senate Republican healthcare bill, a nonpartisan congressional office said on Monday, complicating the path forward for the already-fraught legislation.

An estimated 23 million people would lose health coverage by 2026 under Republican legislation aimed at repealing Obamacare, a nonpartisan congressional agency said on Wednesday in the first calculation of the new bill's potential impact.

Fourteen million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare that would also reduce the budget deficit, the nonpartisan U.S. Congressional Budget Office said on Monday.

The US budget deficit fell by nearly a third during fiscal 2014 to $486 billion as federal revenues grew far faster than spending, the Congressional Budget Office said on Wednesday.

Investors are looking for a compromise to keep the U.S. economy from sailing over the fiscal cliff. It's just not clear that the politicians in Washington are ready to deliver one.

A new recession is likely if a stalemate over tax and spending cuts continues between Democrats and Republicans, according to fresh, dire projections by the nonpartisan US Congressional Budget Office.

S&P's move looks like a non-event. Interest rates are sharply lower, the Dow, too, has reversed course.

Obama's $830 billion stimulus bill — a third of it tax cuts — enacted when he took office has pretty much run out.

CEO Bob Benmosche says U.S. taxpayers will earn up to $10 billion on the $182 billion rescue of American International Group, the insurance company he runs. Of course, that depends on how one defines "profit."

The decline in bonuses as estimated by the New York City Independent Budget Office is nearly twice that forecast last week by the state comptroller, who had forecast a 13 per cent shrinkage.