White House budget office rescinds memo ordering funding freeze after chaos
The White House memo issued late Monday led to chaos and confusion as to what programs would be impacted by the freeze.
New White House press secretary offers some unfortunate advice
White House press secretary Karoline Leavitt was pressed for answers about Team Trump's idea for a spending freeze. It didn't ...
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US to see rising debt, deficit in next decade – budget office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
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Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...