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US Federal Deficit May Explode To $3.7 Trillion In 2020 Amid Pandemic
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.
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US House Democrats Subpoena Pentagon Documents In Impeachment Inquiry
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.
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US Government Shutdown Costs Pegged At $3 Billion
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.
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US Republican Healthcare Bill Imperiled With 22 Million Seen Losing Insurance
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.
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Estimated 23 Million Would Lose Health Insurance Under Republican Bill: Congressional Budget Office
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.
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Republican Plan To Repeal Obamacare Would Leave Millions Uninsured: Report
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.
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US Fiscal 2014 Budget Deficit Down at $486 Billion: Report
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.
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Recession in US likely without budget accord: Analysts
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.
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A year later, S&P downgrade of US looks like a dud
S&P's move looks like a non-event. Interest rates are sharply lower, the Dow, too, has reversed course.
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Few options left for Obama on economy
Obama's $830 billion stimulus bill — a third of it tax cuts — enacted when he took office has pretty much run out.
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Bernanke cautions about budget shocks next year
Federal Reserve Chairman Ben Bernanke is urging senators to resolve debates over tax cuts
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US Federal Deficit May Explode To $3.7 Trillion In 2020 Amid Pandemic
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.
-
US House Democrats Subpoena Pentagon Documents In Impeachment Inquiry
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.
-
US Government Shutdown Costs Pegged At $3 Billion
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.
-
US Republican Healthcare Bill Imperiled With 22 Million Seen Losing Insurance
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.
-
Estimated 23 Million Would Lose Health Insurance Under Republican Bill: Congressional Budget Office
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.
-
Republican Plan To Repeal Obamacare Would Leave Millions Uninsured: Report
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.
-
US Fiscal 2014 Budget Deficit Down at $486 Billion: Report
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.
-
Recession in US likely without budget accord: Analysts
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.
-
A year later, S&P downgrade of US looks like a dud
S&P's move looks like a non-event. Interest rates are sharply lower, the Dow, too, has reversed course.
-
Few options left for Obama on economy
Obama's $830 billion stimulus bill — a third of it tax cuts — enacted when he took office has pretty much run out.
-
Bernanke cautions about budget shocks next year
Federal Reserve Chairman Ben Bernanke is urging senators to resolve debates over tax cuts
