The Congressional Budget Office said Monday that the budget deficit should this year shrink to its lowest level as a percentage of the economy since 2007.
The nonpartisan agency said the deficit for the fiscal year, which ends in September, will be $468 billion, down a tick from last year's $483 billion mark. In addition, the CBO said there were 19 million fewer uninsured Americans this year compared to the year before thanks to changes implemented under ObamaCare.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
X update unveils foreign MAGA boostersSpeed Read The accounts were located in Russia and Nigeria, among other countries
-
Political cartoons for November 24Cartoons Monday's political cartoons include vaccine falsehoods, agreement on Epstein, and comedy with James Comey
-
South Africa wraps up G20 summit boycotted by USSpeed Read Trump has been sparring with South Africa in recent months
-
Judge halts Trump’s DC Guard deploymentSpeed Read The Trump administration has ‘infringed upon the District’s right to govern itself,’ the judge ruled
-
Trump accuses Democrats of sedition meriting ‘death’Speed Read The president called for Democratic lawmakers to be arrested for urging the military to refuse illegal orders
-
Court strikes down Texas GOP gerrymanderSpeed Read The Texas congressional map ordered by Trump is likely an illegal racial gerrymander, the court ruled
-
Trump defends Saudi prince, shrugs off Khashoggi murderSpeed Read The president rebuked an ABC News reporter for asking Mohammed bin Salman about the death of a Washington Post journalist at the Saudi Consulate in 2018
-
Congress passes bill to force release of Epstein filesSpeed Read The Justice Department will release all files from its Jeffrey Epstein sex-trafficking investigation
-
Trump says he will sell F-35 jets to Saudi ArabiaSpeed Read The president plans to make several deals with Saudi Crown Prince Mohammed bin Salman this week
-
Judge blasts ‘profound’ errors in Comey caseSpeed Read ‘Government misconduct’ may necessitate dismissing the charges against the former FBI director altogether
-
Ecuador rejects push to allow US military basesSpeed Read Voters rejected a repeal of a constitutional ban on US and other foreign military bases in the country
