U.S. Congressional Budget Office

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Report: Climate bill costs could be modest

AP News 63 days ago

Modest long-term economic costs projected in climate bill compared to overall growth The long-term economic costs of a climate bill being considered in Congress would be "comparatively modest" in light of expected overall economic growth over the next 40 years, according to ...

Surging US deficit under scrutiny

AFP Global Edition 88 days ago

The staggering fiscal deficit plaguing President Barack Obama's administration comes under focus Tuesday as the White House and a financial scrutiny arm of Congress provide new government budget estimates and updated economic forecasts. The White House Office of Management and Budget will ...

US deficit climbs to 1.3 trillion dollars

AFP Global Edition 106 days ago

The US budget deficit reached 1.3 trillion dollars for the current fiscal year in July, official data showed, news set to fuel opposition to US President Barack Obama's ambitious health care and climate change proposals. The deficit for the first 10 months ...

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