The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal ... That figure is estimated to reach 24.4 percent in 2035, as spending ...

The Congressional Budget Office announced Tuesday that the federal budget deficit is projected to hit $1.9 trillion this year, up $400 billion from February projections, in a new report.

CBO now expects net interest costs to reach ... trillion to the 10-year deficit. Sponsored Bank Accounts The CBO, Congress' non-partisan budget referee agency, also updated its U.S. economic ...