The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...

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 ...

The federal budget deficit increased by $109 billion in first 10 months of fiscal year 2025 despite a $70 billion boost from ...

The US government has spent over a trillion dollars more than it collected in revenue during the first 10 months of the 2025 ...

Announces Federal Budget Deficit in the First 10 Months of Fiscal Year 2025 Has Increased More Under President Trump Than ...

The Congressional Budget Office projects an explosive rise in federal debt, despite slight improvements in the past year, as the country faces a fiscal reckoning in the coming decades.

The law will also "increase by 10 million the number of people without health insurance" over the coming decade, the ...

Congressional Budget Office (CBO) Director Phillip Swagel discussed the current budget and economic outlook. He reported the U.S. could default on its debt between July and September unless the ...

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 ...

The estimate is from the Congressional Budget Office’s monthly report for August, and it’s even worse than that headline. President Biden was saved from an uglier official figure only because ...

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.