Today, the Congressional Budget Office (CBO) released its May 2022 Budget and Economic Outlook, its first baseline in almost a year. CBO’s new projections incorporate the recent surge in inflation, as...
The Congressional Budget Office (CBO) just released its May 2022 Budget and Economic Outlook, its first baseline since July 2021. Under CBO's new projections, deficits will average $1.6 trillion per...
Updated 5/19/22: The Senate passed a roughly $40 billion Ukraine emergency supplemental appropriations bill on Thursday afternoon. The House passed the supplemental, which provides $40.1 billion in FY...
