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It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.
The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...
The US government has spent over a trillion dollars more than it collected in revenue during the first 10 months of the 2025 ...
Traditionally, elected officials have feared public backlash if they try to take from the poor to give to the rich. This year ...
Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to lower average monthly benefits. By 2034, average benefits will be $213 per ...
WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...
Congressional Budget Office projects lower inflation and higher unemployment into 2025 The office's Current View of the Economy from 2023 to 2025 report, released Friday, estimates that the ...
Immigration Congressional Budget Office Estimates Recent Increase in Immigration will Reduce the Budget Deficit A new CBO report concludes it will save the federal government almost $1 trillion ...
The CBO will release its analysis of the GOP Senate health care bill Monday. — -- The Congressional Budget Office will release its first analysis of the Republican Senate health care bill ...
Professor Phillip Joyce, author of the book The Congressional Budget Office: Honest Numbers, Power, and Policymaking. Thank you for teaching us about CBO and its work.
The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people ...