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CBO raises Trump tariff deficit savings to $4 trillion

CBO raises Trump tariff deficit savings to $4 trillion

The U.S. deficit will shrink by $4 trillion over the next decade thanks to Donald Trump’s aggressive tariff campaign, according to projection...
US Government To Be Hit With $3,300,000,000,000 in Additional Deficits Under Senate Tax Bill: CBO

US Government To Be Hit With $3,300,000,000,000 in Additional Deficits Under Senate Tax Bill: CBO

The Congressional Budget Office (CBO) says that the government will have to take on an extra $3.3 trillion in deficits if the White House’s Big Bea...
Tax cut for private credit funds to slash $10.7B in revenue

Tax cut for private credit funds to slash $10.7B in revenue

US lawmakers are deliberating on a multibillion-dollar tax break for private credit funds.
CBO predicts that US Treasury will default in August

CBO predicts that US Treasury will default in August

The Congressional Budget Office warned on Wednesday that the U.S. Treasury could run out of cash by August 2025 if Congress fails to act on the deb...
America’s budget deficit hits $1.8 trillion, third largest in history

America’s budget deficit hits $1.8 trillion, third largest in history

America’s budget deficit hit a massive $1.8 trillion in 2024, making it the third largest deficit in U.S. history. This figure, confirmed by the Tr...