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THE CONGRESSIONAL BUDGET OFFICE
Is US military running out of Tomahawk cruise missiles, Patriot, THAAD interceptors after using advanced weapons in Iran war? Analysis reveals shocking findingsWashington think tank analysis factors in the Republican Trump administration's historic defense budget proposal of $1.5 trillion for 2027.27 May, 2026, 07.20 PM IST- US Stock Market: Bond market pressure clouds Kevin Warsh’s plans to shrink Fed balance sheetIncoming Fed Chair Kevin Warsh’s push to shrink the Federal Reserve’s balance sheet faces mounting challenges as rising Treasury yields, in...18 May, 2026, 11.28 AM IST
- 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,...14 May, 2026, 11.54 AM IST
- World's richest man Elon Musk endorses Warren Buffett's five-minute plan to fix US debt now at $40 trillion. Here's what 'Oracle of Omaha' suggestedBillionaire Elon Musk has endorsed Warren Buffett's innovative proposal to address America's mounting national debt. Buffett's plan suggest...13 May, 2026, 10.18 AM IST
- 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...13 May, 2026, 07.30 AM IST
- 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...08 May, 2026, 09.33 PM IST
- US Stock Market: US Treasury Bond Yields near 5% again as inflation fears shake Wall StreetWall Street is abuzz as investors debate if US 30-year Treasury bond yields will remain above 5 percent. Rising oil prices and a robust US ...08 May, 2026, 10.31 AM IST
- Global debt hits record of near $353 trillion, with signs of move away from USGlobal debt has reached a record nearly $353 trillion. Investors are now looking beyond U.S. Treasuries, showing more interest in Japanese ...06 May, 2026, 09.04 PM IST
- Donald Trump's drugmaker deals may save economy $529 billion over 10 years: White HousePresident Trump's administration projects significant savings from deals with drug companies. These agreements aim to lower US prescription...05 May, 2026, 09.12 PM IST
- 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...01 May, 2026, 06.03 PM IST
- Trump signs bill funding the Department of Homeland Security, ending record shutdownPresident Trump signed bipartisan legislation to fund most of the Department of Homeland Security, ending the longest agency shutdown in hi...01 May, 2026, 11.56 AM IST
- Trump's $166 billion tariff refunds may finally be in sight as first payouts expected by May 11The Trump administration is set to issue its first tariff refunds around May 11, following the Supreme Court's ruling that the sweeping dut...30 Apr, 2026, 07.29 AM IST
- Pete Hegseth faces Congress heat for the first time since the Iran war beganDefense Secretary Pete Hegseth will face lawmakers regarding the ongoing war with Iran. The administration's proposed military budget is al...29 Apr, 2026, 11.43 AM IST
- April SNAP Benefits 2026: 10 states still rolling out payments till April 28 - Full Schedule, Amounts, and New Rule ChangesSNAP benefits are being distributed in ten states through April 28. Payment dates vary by state, often based on case numbers or last names....22 Apr, 2026, 02.08 PM IST
- Social Security may run out by 2032: New plan suggests benefit limits and big changes aheadSocial Security may face a money shortage sooner than expected. New rules and lower tax income are adding pressure. Experts are discussing ...17 Apr, 2026, 06.51 PM IST
- US economy shrank at 5 per cent annual rate in Q1It was the biggest quarterly decline since an 8.4 per cent fall in the fourth quarter of 2008 during the depths of the financial crisis.28 May, 2020, 07.12 PM IST
- Rising rates and deficits like suicide mission’The soaring US budget deficit at a time interest rates are increasing may be setting the stage for fiscal trouble, according to Jeffrey Gun...14 Jun, 2018, 10.52 AM IST
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