The U.S. Treasury Department on Friday will reveal the strength of President Donald Trump's tariff revenues in its June ...

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

The bill will stress a major funding stream schools rely on, leading to ripple effects that make it harder for schools to ...

The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...

White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.

The House and Senate passed the massive spending and tax bill that includes signature policies of President Trump's ...

A new analysis showing the legislation would be far more expensive than the House version could complicate its chances of ...

As Senate takes up Trump's "big, beautiful bill," many GOP members dismiss the Congressional Budget Office's deficit projections while White House argues its tax package will achieve savings.

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 will release its first analysis of the Republican Senate health care bill Monday, again shining a spotlight on the nonpartisan reviewers of congressional ...

The nonpartisan Congressional Budget Office released a report analyzing 76 policy options for reducing the federal budget deficit, including spending cuts, entitlement and tax reforms.