News

What is the CBO? A look at the small office inflaming debate over Trump's tax bill
A small government office with some 275 employees has found itself caught in the political crossfire as Congress debates ...
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CBO says Trump’s “One Big Beautiful Bill” could inflate deficit by $2.4 Trillion
According to a new report from the Congressional Budget Office (CBO), the major legislative package backed by President Trump ...
16 million lose insurance under budget bill, other policies: CBO
Estimate comes as Senate Republicans began conference-wide briefings Wednesday on how they plan to modify the $2.4 trillion ...
House reconciliation bill would increase budget deficits by $2.3 trillion over a decade: CBO
The One Big Beautiful Bill Act, backed by President Trump and Republicans, would add $2.3 trillion to budget deficits, ...
The White House’s disingenuous claim about CBO’s political leanings
What the White House calls a “verifiable fact” is a nonsense fact.
The nonpartisan Congressional Budget Office said tariffs would reduce the purchasing power of households overall.
WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period ...
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What is the CBO? A look at the budget office in the middle of the debate over Trump’s big bill
Lawmakers established the Congressional Budget Office more than 50 years ago to provide objective, impartial analysis to support the budget process. The CBO is required to produce a cost ...
GOP beats down key budget office over tax plan projections
Republicans are using Congress’s official budget scorer as a whipping boy, as they argue a major package of President Trump’s tax priorities is costless, despite multiple projections placing ...
Mike Johnson’s bogus attack on CBO’s score of the 2017 tax bill
The House speaker says the CBO missed by $1 trillion, but even the CBO couldn’t predict a pandemic.