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 ...

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.

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

M ississippi is projected to see one of the highest increases in its uninsured rate following the signing of a new federal budget bill that scales back Affordable Care Act benefits and reduces ...

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 ...

A Congressional Budget Office (CBO) report on Friday forecasts a rise in U.S. unemployment from the current 3.9 percent to 4.4 percent by the end of 2024, signaling potential job losses for ...