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

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

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.

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

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 ...

For now, the budget bill is unpopular, according to polls ranging from the Washington Post to FOX News, in which, on average, 55% of surveyed Americans opposed it, while 31% supported it.

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.

Washington — The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget Office estimated Wednesday. "The Congressional Budget ...

A fresh analysis from the Congressional Budget Office said the tax provisions would increase the federal deficit by $3.8 trillion over the decade, while the changes to Medicaid, food stamps and ...

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.