A new analysis from the Congressional Budget Office (CBO) warns that Republicans' massive tax bill could lead to hundreds of billions in cuts to Medicare over the next 10 years. CBO analysts, in a ...

CBO projects Trump-backed bill adds $2.4T to deficit over 10 years Republicans dispute CBO’s forecast, claim stronger future growth Democrats cite CBO findings to challenge the legislation Analysis ...

The Congressional Budget Office recently released a report analyzing the accuracy of their budget projections. The agency releases this report every year comparing its forecasts of revenue, spending, ...

The Congressional Budget Office (CBO) on Tuesday said the debt ceiling deal negotiated by the White House and House GOP leaders could reduce projected deficits by about $1.5 trillion over the next ...

Millions of people could lose coverage under potential policy changes to Medicaid under consideration by Republicans in Congress, according to a letter sent to lawmakers this week from the ...

Enhanced subsidies for Affordable Care Act (ACA) plans are currently set to expire after 2025, and a new analysis from the Congressional Budget Office (CBO) estimates that their expiry could drive up ...

“They’ve [Congressional Budget Office] always been off. By way of example, they were off on their projections of the Tax Cuts and Jobs Act in the first Trump administration by $1 trillion. The problem ...

WASHINGTON, Jan 17 (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with last year and indicating no major ...

President Donald Trump’s controversial tariffs will hurt the size of the U.S. economy and cause rising inflation, according to a just-published report from the nonpartisan Congressional Budget Office.

The U.S. economy could face slower economic growth over the next three decades due to weak population gains and increased government spending, the nonpartisan Congressional Budget Office said Thursday ...

WASHINGTON (AP) — A small government office with some 275 employees has found itself caught in the political crossfire as Congress debates President Donald Trump’s “one big beautiful bill.” The ...