In a recent presentation at Cornell University, CBO Director Doug Elmendorf explained how the budget is projected to change over time. More resources...

House Republicans plan to vote this week on a jobs package combining bills that would "build a robust economy and foster job creation." While...

Former Pennsylvania governor and Fix the Debt Campaign co-chair Ed Rendell (D) has penned an op-ed arguing that progressive candidates should care...

Senators Chuck Schumer (D-NY) and Dick Durbin (D-IL) have introduced legislation that would reduce the benefits to companies that choose to "invert,"...

Note: For the latest fiscal year, click here . Final FY2015 funding was settled through the " CROmnibus" bill in December 2014 and March 2015 Homeland...

One of the bills to replace Fannie Mae and Freddie Mac and overhaul the housing finance system just got a verdict from CBO: it will save $58 billion...

Tax breaks for homeowners are one of the largest categories of tax breaks offered by the federal government. A new report by the Corporation for...

One of the biggest stories in CBO's August budget update was the huge downward revision to expected spending on interest to service the debt, down by...

The Council on Foreign Relations has released a new report and scorecard comparing the United States federal debt situation to other G-7 countries...

Prior to the release of CBO's August baseline, we surmised that one of the revisions to the budget would come from Medicare, whose growth in 2014 had...

CBO’s baseline budget projections are often referred to as “current law” since they generally assume Congress continues the laws as they are written...

In a highly anticipated release, the Centers for Medicare and Medicaid Services (CMS) this week released updated data and projections on National...