WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...

The president's proposed budget cuts to the NIH would eventually result in fewer drugs on the market, the U.S. Congressional ...

The Trump administration’s proposed cuts to medical research and health agencies will curtail the development of promising ...

When a member of Congress proposes a bill, there's a nonpartisan agency that tells lawmakers how much their bill would cost: The Congressional Budget Office. But estimating these costs can get messy.

The Congressional Budget Office projects an explosive rise in federal debt, despite slight improvements in the past year, as the country faces a fiscal reckoning in the coming decades.. In a much ...

The recent passage of the megabill is already providing both sides ammunition for the political battles ahead.

President Donald Trump’s "big beautiful bill" will add $3.4 trillion to the U.S. national debt over the next decade, ...

If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them headaches.

The Congressional Budget Office rudely interrupted the presidential campaign this week by releasing its 10-year budget outlook. Neither Joe Biden nor Donald Trump wants to talk about the woolly ...

Phil is the author of the book The Congressional Budget Office: Honest Numbers, Power, and Policymaking (2011), which makes him an ideal guest to answer the question, ...

WASHINGTON — The nonpartisan Congressional Budget Office said on Thursday that President Biden’s sprawling climate change and social policy package would increase the federal budget deficit by ...

— -- The Congressional Budget Office will release its first analysis of the Republican Senate health care bill Monday, again shining a spotlight on the nonpartisan reviewers of congressional ...