Using this benchmark, we can attribute 71 percent of the 2025 deficit to spending policy decisions and 29 percent to tax policy decisions. In other words, our current deficit problem is rooted in ...

the Congressional Budget Office estimated Wednesday. "The Congressional Budget Office estimates that if the debt limit remains unchanged, the government's ability to borrow using extraordinary ...

The Congressional Budget Office, Congress' nonpartisan scorekeeper, predicts that if lawmakers don't act, the U.S. may breach ...

In a dramatic vote, House Republicans passed a $5 trillion budget framework that kick-starts the process for President ...

The head of the House Democratic Caucus said Tuesday that he’s expecting conservative Republicans to cave and back a ...

Because of mounting red ink, the nonpartisan Congressional Budget Office has warned of “significant risks” to the economy, and the International Monetary Fund has called the surge in borrowing ...

In December 2024, during his administration’s final days in office, former President Biden approved the “California waiver,” a unique Clean ...

Some language in this story has been adjusted following updated information from the Mayor’s Office. WASHINGTON (DC News Now) ...

An estimated 300 D.C. residents went to U.S. House members' offices Monday, urging lawmakers to approve a Senate-backed bill ...

While it’s important to debunk the stated rationale for the current policy baseline, the devastating impact would be to ...