Citing lower-than-expected corporate taxes, the CBO projected a slight increase over previous budget deficit estimations.» Read More
Philip Howard, author of "The Rule of Nobody," discusses the inefficiency of the U.S. government when it comes to issuing IT contracts and shares his opinions on if the U.S. government is broken.
U.S. public debt remains unsustainable and will reach 106 percent of economic output in 25 years, the Congressional Budget Office said.
Construction on the Department of Homeland Security's new headquarters has fallen behind as Congress recommends slashing its budget.
Judd Gregg, Nuclear Matters co-chair and former U.S. Senator, (R-NH), shares his thoughts on President Obama's immigration plans. Gregg says tax reform and immigration reform need to take place together.
U.S. consumer confidence rose to a six-year high of 85.2 in June, beating estimates of 83.5.
Slammer-ready typewriters, tablets and flatscreen TVs come with security screws and clear plastic for easy inspection. NBC reports.
The U.S. reported a $130 billion deficit in May after a surplus in April, but this year's imbalance is on track to be the lowest in 6 years.
Senator Mitch McConnell said Republicans were open to using a tax holiday for multinational companies to pay for highway construction.
If the Fed continues on its current pace, its monthly purchase of bonds will be down to $15 billion by the time it meets in October.
Gunmakers have long histories in New England's "Gun Valley," but politics may be pushing them out. Christian Science Monitor reports.
Edward Snowden defended his report of the American government's surveillance programs to spy on its people, and described himself as a patriot.
The U.S. federal government has a contingency plan in the event zombies ever overrun the country, according to Foreign Policy Magazine.
In its secular outlook, Pimco said that the next three to five years suggest an end to bull markets as investors have known them.
This year, the government has run $306 billion into the red. That deficit is 37 percent smaller than it was in the same period of fiscal 2013.
The Federal Reserve said it plans to conduct another series of eight operations offering seven-day term deposits through its Term Deposit Facility.
IRS Commissioner Koskinen said the IRS will audit 100,000 fewer individuals this year as part of congressionally mandated cuts to the agency's budget.
Economists polled by CNBC have reversed earlier projections for positive GDP growth and now forecast that the economy contracted in the first quarter.
U.S. consumer confidence dipped in April as consumers were discouraged by business and labor market conditions, according to a report.
President Obama's fiscal 2015 budget request would boost US tax revenues by nearly $1.4 trillion over 10 years if fully enacted, the CBO said.
The Congressional Budget Office is cutting its estimates of the U.S. deficit to $492 billion due to lower-than-expected Obamacare premiums, reports CNBC's Eamon Javers.