Congressional Budget Office Updates Baseline: Deficit Totals to Third Highest in American History
January 22, 2025
January 22, 2025
WASHINGTON, Jan. 22 (TNSres) -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, posted the following news release on Jan. 21, 2025:
Last week, the Congressional Budget Office (CBO) released its updated budget projections for fiscal years (FY) 2025-2035. CBO's report helps Congress understand the fiscal and economic challenges facing the country.
Topline Takeaways from CBO's Updated Baseline:
1. CBO now projects that deficit . . .
Last week, the Congressional Budget Office (CBO) released its updated budget projections for fiscal years (FY) 2025-2035. CBO's report helps Congress understand the fiscal and economic challenges facing the country.
Topline Takeaways from CBO's Updated Baseline:
1. CBO now projects that deficit . . .