Congressional Budget Office

WASHINGTON, May 23 (Reuters) - A tax on carbon dioxide emissions could help the United States mitigate climate change while significantly increasing government revenue, the nonpartisan Congressional Budget Office said this week. President Barack Obama...

WASHINGTON -- More than 100 conservative economists will call on Congress to approve an immigration overhaul, highlighting the potential economic benefits. The letter by the American Action Forum, to be released Thursday, is the latest volley from...

By Elvina Nawaguna WASHINGTON, May 22 (Reuters) - The White House threatened on Wednesday to veto a Republican bill to switch federal student loan interest rates to a market-based system, arguing the plan would create more uncertainty for students and...

WASHINGTON (AP) — President Barack Obama on Wednesday threatened to veto legislation by House Republicans that would avert a doubling of student loan interest rates on July 1 but allow them to vary with the markets going forward. The White House...

WASHINGTON (Reuters) - Below is the text of Federal Reserve Chairman Ben Bernanke's prepared testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday. Chairman Brady, Vice Chair Klobuchar, and other members of the...

When President Obama was selling his health care legislation to Congress, he declared that "the plan I'm proposing will cost around $900 billion over 10 years."�But with the law's major provisions set to kick in next year, a new analysis by the...

A tidal wave of individual income tax payments flooded federal and Connecticut coffers this April, surprising even budget officials, who should have seen it coming. The surge was cause primarily by a predictable increase in 2012 long-term capital gains...

WASHINGTON (AP) — Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. In a letter...

* New debt limit reset at $16.7 trillion * No movement seen in Congress on budget talks By David Lawder WASHINGTON, May 20 (Reuters) - The U.S. government added $306 billion in new debt during a four-month suspension of the federal borrowing limit, the...

May 20 (Reuters) - U.S. Treasury Secretary Jack Lew on Monday said the Obama administration was suspending investments in the Civil Service Retirement and Disability Fund, a government employee pension fund, to help the nation keep paying its bills now...

(The author is a Reuters contributor. The opinions expressed are her own.) By Kathleen Kingsbury BOSTON, May 20 (Reuters) - When the Patient Protection and Affordable Care Act, aka Obamacare, starts rolling out in October, it will overhaul how Americans...

By Jason Lange WASHINGTON, May 20 (Reuters) - The International Monetary Fund on Monday said the United States was getting carried away with a government austerity drive, offering some of the institution's bluntest criticism yet of Washington's rush to...