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CBO ESTIMATES
Cost of America’s ‘Golden Dome’ dream jumps from $185 billion to $1.2 trillion with 7,800 satellites that might not work when neededA new CBO analysis estimates President Trump's "Golden Dome for America" missile defense initiative could cost $1.2 trillion over 20 years,...- Trump's proposed 'Golden Dome' estimated to cost USD 1.2 trillion, far more than he initially saidPresident Donald Trump's ambitious "Golden Dome" missile defense system is projected to cost a staggering USD 1.2 trillion over two decades...
- U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
- US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
- Skydo enables Indian exporters to unlock over $150M in US tariff refundsSkydo and Intoglo simplify access to tariff refunds owed to exporters under IEEPA by US Customs.
- Federal troop deployments to US cities cost taxpayers $496 million and countingFederal troops sent to six US cities by the Trump administration have cost taxpayers nearly $500 million. Continued deployment could surpas...
- Fed rate cuts expected in 2026 as Congressional Budget Office warns of slower growth and costlier mortgagesThe U.S. economy is expected to see lower interest rates but higher borrowing costs ahead. A new CBO report says unemployment may rise befo...
- Trump's tariffs could reduce US deficit by $4 trillion, CBO estimatesThe Congressional Budget Office estimates that President Trump's increased tariffs on U.S. imports could reduce the national deficit by $4 ...
- US $250 visa fee may cost economy $29 bn in lost tourism spendA newly approved $250 visa integrity fee is causing friction between Congress and the US tourism industry. While Congress anticipates signi...
- Trump's tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO saysA Congressional Budget Office report reveals President Trump's tax and spending law will disproportionately benefit the wealthiest American...
- US financial crisis: Trump’s ‘one big beautiful bill’ to add $2.8 trillion to deficit, fuels partisan firestormA new report says Donald Trump's bill may increase USA's debt. The Congressional Budget Office predicts a big rise in deficits. This is eve...
- The tiny office with 275 employees blocking Trump’s 'Big, Beautiful Bill'The Congressional Budget Office (CBO) finds itself at the center of a political storm in Washington. Its projection indicates that Presiden...
- Under Trump's 'big, beautiful' bill, over 10 million more Americans projected to lose insuranceThere would be an increase of 10.9 million people without health insurance under US President Donald Trump's big beautiful bill by 2034, ac...
- Why the US economy needs more immigrantsA surge in immigration to the United States is projected to impact the economy, labour market, and housing sector. The Congressional Budget...
- US Congressional Budget Office projects virus impact could trim GDP by $15.7 trillionCBO, which had already issued a report forecasting a severe economic impact over the next two years, expanded that forecast to show that th...
- Obama health overhaul cuts US deficit: CongressUS President Barack Obama's historic health overhaul legislation would cut $130 billion from the US budget deficit through 2019, according ...
- US deficit tops Obama forecast by $1.2 tn: CBOUS President Barack Obama has underestimated the government budget deficit for the next decade by 1.2 trillions dollars, estimates by Congr...
- Swelling deficit poses key challenges to Obama reform plansUS projected a whopping $9.05 trillion deficit for the 2010-2019 period, a $2 tn increase from the February estimate. Financial crisis | Ec...
- Estimate says bailout will cost taxpayers moreBailing out the financial sector will cost taxpayers $167 billion more than originally anticipated, according to a Congressional Budget Off...
- US budget deficit soars to $438 bn: congressional agencyThe US government's budget deficit ballooned in fiscal 2008 to $438 billion (322 billion euros), or 3.1 per cent of GDP, as the economic do...
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