congressional budget office

How The Budget Highlights Washington’s Dysfunction

July 20, 2024 by Jack Taylor

Late Friday, the White House said it would run up an additional $1.1 trillion in new debt if all its plans were carried out over the next 10 years. That would be on top of the $16.3 trillion in debt it had already planned to incur and would bring government debt to $54.5 trillion. Official … Read more

Lawmakers Discussing Border As Immigrants Set To Boost Economy By $7 Trillion

February 7, 2024 by Jack Taylor

Lawmakers Discussing Border As Immigrants Set To Boost Economy By Trillion

While Senate Republicans killed a border security bill Wednesday because they said it wasn’t tough enough, Congress’ own economists said immigration is set to add trillions of dollars to the U.S. economy over the next decade. The finding, by the nonpartisan Congressional Budget Office, echoes other economists who say the surge in immigration may have … Read more