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Improving through 2025Q3. But taking out the revenue associated with the illegal IEEPA tariffs, well… Figure 1: Federal budget balance excluding automatic stabilizers (blue), and e...
The Congressional Budget Office estimated the war between Feb. 28 and Aug. 1 has directly cost the U.S. about $38 billion.
Editors at National Review Online scrutinize one of the key issues yet to be addressed on Capitol Hill. As lawmakers returned home for the final stretch of the fall campaign, we go...
The financial strain of the Iran conflict may limit Iran's operational capabilities, affecting regional economic and strategic dynamics. The post Iran conflict costs US $2B monthly...
“The war in Iran cost the United States roughly $38 billion through Aug. 1 and significantly depleted U.S. munitions, the Congressional Budget Office, the nonpartisan scorekeeper,...
The Congressional Budget Office said its analysis had been limited by the fact that the Defense Department did not respond to requests for information on the costs of the conflict.
"So then we're left with changes in revenues and changes in spending, and those are inherently political choices."
The US federal government faces several fiscal challenges in the coming decades, including the growing burden of federal healthcare programs and tax preferences.
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