Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the largest and fastest-growing parts of the federal budget.
The Trump Administration and 119th Congress will likely be targeting trillions of dollars in savings in the year ahead. Healthcare makes up
Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.
Biden spent like no president in history, and, with a sleight of hand, by taking hundreds of billions out of Medicare and spending it on green energy subsidies.
President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.
The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.
Instead, people on Medicare won’t get the two years of continued coverage for telehealth appointments and five years’ for acute hospital at home programs that were in the bill Congress nearly voted into law in December 2024.
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.
The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to legislation passed by Joe Biden and Democrats. The new para-government
This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last year, in its 30-year forecast, the CBO had projected that the U.S. population would be about 383 million by 2054.
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for