White House Budget Office Orders Pause in All Federal Loans and Grants
The full extent of the order was not immediately clear, but the directive sent to government agencies on Monday threatened to paralyze a vast swath of federal programs.
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
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Marjorie Taylor Greene Says 'We Still Do Not Have a Plan on Budget Reconciliation' After 2 Days at 'Phenomenal Resort' Trump Doral
After two days at the House Republican winter retreat, Rep. Marjorie Taylor Greene expressed frustration over a lack of progress on budget reconciliation.
Democrats urge delay on Trump budget office nominee in response to funding freeze
Republicans advance Trump budget nominee Russell Vought despite Democratic boycott
Republicans advance Trump OMB nominee as Democrats boycott vote
Senate Republicans advanced the nomination of Russell Vought to lead the White House budget office as Democrats boycotted the meeting to protest the administration’s recent efforts to freeze large swaths of federal funding.
Congressional Budget Office Lowers U.S. Population Projections
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,
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President Trump, Congressional Republican Proposals Would Shift Large Costs to States, Inflict Widespread Harm
Recent federal budget proposals would shift significant costs, explicitly or implicitly, to states and localities by targeting health care, education, and food assistance.
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CED Issues Statement on January 2025 Congressional Budget Office Outlook
released the following statement on the new projections from the Congressional Budget Office (CBO): Over the next decade, mandatory spending on Social Security and Medicare and paying interest on ...
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States go after Trump funding pause in court
The pause takes effect at 5 p.m., and agencies have been instructed to provide OMB “detailed information” on affected programs by Feb. 10. The states’ lawsuit — which will also be joined by the attorneys general of at least three other states — will request an immediate court order to block OMB’s freeze.
New budget projections show US hitting debt record in 4 years: CBO
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.
Live updates: Trump criticized for blaming diversity, Biden administration for crash
Kennedy Jr., President Donald Trump’s nominee to lead the Department of Health and Human Services, was back on Capitol Hill facing a second Senate panel in as many days as he vies for confirmation to lead a nearly $2 trillion agency.
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Former lawman calls defending rule of law mere ‘shameless political theater’
Early this week when the Trump administration inflicted chaos on Nevada and the nation by announcing a sweeping freeze on federal financial assistance that even the administration couldn’t explain, several Nevada Democratic elected officials condemned Trump’s action.