Congressional Budget Office

Finance and economy trump trade tariffs debt and deficit CBO

Magazine

The federal government booked a $1.8 trillion deficit last year

Kevin R. Kosar -

January 30, 2026 5:32 am

National Guard members gather near a large portrait of President Donald Trump on the Labor Department headquarters before the body of Metropolitan Police Department officer Terry Bennett is driven past the Capitol, Thursday, Jan. 8, 2026, in Washington. (AP Photo/Mark Schiefelbein)

Defense

National Guard domestic deployments could cost more than $1 billion in 2026

Mike Brest -

January 28, 2026 3:50 pm

Newborn baby wearing a cozy hat, resting on a mother's chest in a hospital room.

Economy

US population to start shrinking after 2056, CBO says

Gabrielle M. Etzel -

January 7, 2026 3:39 pm

In Focus

None of Trump’s tariff promises are coming true

David Harsanyi -

December 5, 2025 2:00 pm

Cargo containers line a ship at the Port of Oakland on Wednesday, Aug. 6, 2025, in Oakland, Calif.

Economy

CBO says foreign companies could pick up some tariff costs

Center Square -

November 22, 2025 3:20 pm

Senate Health, Education, Labor and Pensions Committee Chairman Bill Cassidy (R-LA).

Healthcare

Bill Cassidy outlines plan to give Obamacare subsidies directly to patients

Gabrielle M. Etzel -

November 11, 2025 11:12 am

The American flag flies atop the Capitol Building, Monday, Sept. 29, 2025, in Washington

White House

Congressional Budget Office says it was hacked in ‘security incident’

Molly Parks -

November 6, 2025 11:52 pm

$Cost of government shutdown will be a fraction of Bessent’s estimate: CBO$

Cost of government shutdown will be a fraction of Bessent’s estimate: CBO

David Zimmermann -

October 29, 2025 2:40 pm

US President Donald Trump holds a reciprocal tariffs poster during a tariff announcement in the Rose Garden of the White House in Washington, DC, US, on Wednesday, April 2, 2025. Trump plans to roll out tariffs on global trading partners, the centerpiece of his effort to bring back manufacturing to the US and reshape a world trade system he has long decried as unfair. Photographer: Kent Nishimura/Bloomberg via Getty Images

Business

Trump reduces the deficit by 4% with tariffs and his signature tax law

Tiana Lowe Doescher -

October 17, 2025 5:07 am

Finance and Economy

Interest payments eclipsed $1 trillion as federal deficit hit $1.8 trillion in fiscal 2025, CBO says

Zach Halaschak -

October 8, 2025 3:01 pm

12 3...75 Page 1 of 75

Tag: Congressional Budget Office