The sweeping tax and spending cuts package that President Donald Trump signed into law on July 4 is expected to leave 10 ...

The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare ...

Some 2.4 million fewer Americans, including families with children, are forecast to receive food stamps benefits in an ...

President Donald Trump’s tax and spending law will result in less income for the poorest Americans while sending money to the ...

Potential NIH and FDA cuts could lower the number of new drugs that come to market in the next three decades, according to a ...

Trump’s spending bill will cut aid for low-income families, costing most $1,200 yearly, while boosting wealthy incomes by $13 ...

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter ...

We knew even before Monday’s CBO report that Trump’s bill would redistribute wealth from those who have the least to those who have the most.

Recent analysis from the Congressional Budget Office estimated that Medicare spending would see steep cuts over roughly the ...

The CBO is an independent, nonpartisan office that analyzes the budgetary impact of proposed legislation. It was created by Congress in 1974 and operates by rules and regulations set by the House ...

How to Keep the CBO Honest When It Scores Spending Bills The budget office should be held to the standard of replicability. Dec. 5, 2021 12:43 pm ET Share ...