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 ...
Democrat-controlled budget office wrongly analyzed Trump's big bill, missed record savings, White House says
White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 ...
Trump's 'Big, Beautiful Bill' Will Add $2.4 Trillion in Debt, CBO Predicts—as President Again Calls for Fed Chair Jerome Powell To Lower Rates
The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.
KPBS1d
What's the CBO? Meet the nonpartisan agency under fire from Republicans.
Top Republicans, including President Trump, are criticizing the nonpartisan Congressional Budget Office over its assessment ...
Russ Vought: CBO Many Times Can't See The Forest For The Trees
White House Office of Management and Budget director Russ Vought disputed the Congressional Budget Office's assessment that the "Big, Beautiful" budget reconciliation package will not reduce spending.
Mike Johnson downplays Musk’s influence and says Republicans will pass Trump’s tax and budget bill
With an uncharacteristically feistiness, Speaker Mike Johnson took clear sides Sunday in President Donald Trump’s breakup ...
Trump budget bill would increase deficit by $2.4 trillion with 10.9 million more uninsured by 2034, CBO says
Republicans' sweeping policy bill would increase the deficit by $2.4 trillion over the next decade, the nonpartisan ...
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 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 ...
PBS4d
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 ...