The Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, a ...

How the CBO gets to these figures is at the center of a long-running debate in Washington, because these estimates often ...

ABC News’ Senior White House Correspondent Selina Wang reports on the economic impact of the new tax and spending bill.

The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.

These days it seems that a mysterious group called “the CBO” rules the world. Or at least Washington. Unfortunately, they’re not ...

The Congressional Budget Office projected that the House GOP tax bill – dubbed the "One Big Beautiful Bill Act" – would add ...

Analysis finds reconciliation bill would most benefit high earners and reduce financial resources available to the ...

In its monthly budget review for May, Treasury altered its estimate to two weeks later than earlier estimates.

The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis ...

President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load while resulting in even ...

The CBO’s director, Phillip Swagel, served in former Republican President George W. Bush’s administration as an economic adviser and as an assistant secretary at the Treasury Department.

CBO expects that between 57.1% and 58.2% of people under the age of 65 will enroll in an employer plan for every year between 2022 and 2033. The average over this period is 57.8%.