Tag Archives: CBO

By Casey Harper (The Center Square) The U.S. Congressional Budget Office, the official budget projection resource for the federal government, released a string of alarming figures in its latest projections this week. CBO projects the deficit will nearly double in the next decade, reaching $2.9 trillion by 2033. The annual deficit …

The total cost of President Joe Biden’s plan to forgive student loans for millions of Americans is in, and it’s a doozy. According to the Congressional Budget Office (CBO), the plan will run around $400 billion. Biden announced the plan in August,  intending to erase $10,000 of debt for individuals …