U.S. Congressional Budget Office Unveils Alarming Fiscal Forecast for the Next Decade

The Congressional Budget Office (CBO) in the United States is a nonpartisan agency that provides Congress with objective, impartial analysis of economic and budgetary issues. Its primary responsibilities include: Budget Analysis: The CBO analyzes the budgetary impact of proposed legislation, providing cost estimates for bills under consideration by Congress. This helps lawmakers understand the potential…

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