Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the largest and fastest-growing parts of the federal budget.

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.

Biden spent like no president in history, and, with a sleight of hand, by taking hundreds of billions out of Medicare and spending it on green energy subsidies.

New Rule Seeks to Expand Medicare and Medicaid Coverage of Weight Loss Drugs. The Biden Administration has proposed a new rule that would expand Medicare and Medicaid coverage for enrollees seeking prescription drugs popularized in recent years as weight-loss expedients.

Instead, people on Medicare won’t get the two years of continued coverage for telehealth appointments and five years’ for acute hospital at home programs that were in the bill Congress nearly voted into law in December 2024.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last year, in its 30-year forecast, the CBO had projected that the U.S. population would be about 383 million by 2054.

The budget cannot be stabilized unless Medicare spending growth is moderated. The Congressional Budget Office doesn’t mince words: “Outlays are large by historical standards, and they ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.