Congressional Budget Office

Congressional Budget Office expects $2.3T deficit …

This July 16, 2019, file photo shows the Capitol Dome in Washington. (Carolyn Kaster, Associated Press)

Top Congressional Budget Office Headlines

U.S. saw record October budget deficit of $284.1 billion

U.S. budget deficit to reach $3.7 trillion due to recession …

U.S. Treasury Secretary Steven Mnuchin speaks in the press briefing room with President Donald Trump, Vice President Mike Pence and Small Business Administrator Jovita Carranza during the Coronavirus Task Force briefing April 2, 2020, in Washington, D.C. (Win McNamee/Getty Images)

Despite Strong Economy, Congressional Report Says U.S. …

Office of Management and Budget Director Mick Mulvaney speaks about the Consolidated Appropriations Act of 2018 at the White House March 22, 2018. Credit: BRENDAN SMIALOWSKI/AFP/Getty Images)

U.S. Budget Deficit up $169 Billion in This Budget Year’s …

The U.S. Capitol is seen on Sept. 9, 2019 in Washington, D.C. (Credit: MANDEL NGAN/AFP/Getty Images)

U.S. Deficit Expected to Inflate to More Than $1 Trillion …

US President Donald Trump speaks to the media as he departs the White House in Washington, DC, on August 21, 2019. (Credit: JIM WATSON/AFP/Getty Images)

CBO: Federal Debt on Track to Reach Unsustainable Level …

View of the U.S. Capitol in Washington, DC, on June 20, 2019. (Credit: NICHOLAS KAMM/AFP/Getty Images)

More Congressional Budget Office

National Debt Now Tops $22 Trillion, a New Milestone

An Oct. 18, 2018 photo shows the U.S. Treasury Department building in Washington, D.C. (Credit: Mandel Ngan/AFP/Getty Images)

Shutdown Projected to Cause $3 Billion Permanent …

The U.S. Capitol is seen at dusk on Jan. 21, 2018, in Washington, DC. (Credit: Drew Angerer/Getty Images)

Trump Tax Cuts Push Nation Further Into Debt, Heighten …

President Trump holds up a copy of the tax reform bill he signed in the Oval Office on Dec. 22, 2017. (Credit: Brendan Smialowski / AFP / Getty Images)

Deficits, National Debt Will Rise During Trump Administration: …

Donald Trump speaks to the press about the $1.3 trillion spending bill passed by Congress on March 23, 2018. (Credit: Mark Wilson/Getty Images)

Senate Votes to Roll Back Banking Rules Adopted in …

Congressional Office Thinks Trump’s Budget Math Is …

Senate Health Care Bill in Jeopardy After CBO Report