Congressional Budget Office – Page 6

Supreme Court to Hear Cases on Biden’s Student Loan Cancellation Plan

The administration faces a conservative court that has insisted that government initiatives with major political and economic consequences be clearly authorized by Congress.

By Adam Liptak

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Users Find Microsoft’s New Chatbot Technology Unreliable.

Microsoft’s investment in the technology has been a boon for the company’s stock, even as early users find the A.I.-powered system erratic.

By Andrew Ross Sorkin Bernhard Warner Sarah Kessler Lauren Hirs

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U.S. Could Default on Its Debt Between July and September, C.B.O. Says

The nonpartisan budget office also said that if tax receipts fall short of projections, and Congress fails to act on the debt limit, the U.S. could run out of cash before July.

By Alan Rappeport

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As Lawmakers Spar Over Social Security, Its Costs Are Rising Fast

New budget projections are expected to show that the program’s spending is outpacing tax revenues as an aging population claims benefits.

By Jim Tankersley

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