4 stories tagged #Congressional Budget Office

  1. U.S. Debt Interest Hits $723B, Surpassing Defense and Medicare Spending
    finance

    U.S. Debt Interest Hits $723B, Surpassing Defense and Medicare Spending

    U.S. interest payments reach a record $723 billion, becoming the second-largest federal spending category, signaling economic challenges ahead.

    yesterday 1 min read
  2. NATO Modernizes Nuclear Deterrent with B61-12 Bombs and F-35A Fleet
    world

    NATO Modernizes Nuclear Deterrent with B61-12 Bombs and F-35A Fleet

    NATO upgrades nuclear capabilities using US B61-12 gravity bombs and dual-capable F-35A jets across Europe amid a $946 billion modernization effort to counter evolving security threats.

    4d ago 1 min read
  3. Social Security Funds Running Out by 2032, Congressional Budget Office Warns
    finance

    Social Security Funds Running Out by 2032, Congressional Budget Office Warns

    CBO projects Social Security trust fund depletion by 2032, three years before long-term projections. Automatic cuts of 23-28% may follow unless Congress intervenes.

    last mo. 2 min read
  4. Final March Social Security Payments Released
    finance

    Final March Social Security Payments Released

    The third and final round of Social Security payments for March is now available. Concerns over the program's long-term sustainability grow.

    3mo ago 1 min read