The Congressional Budget Office said the Senate version of the One Big Beautiful Bill Act will add some $3.3 trillion to ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

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

The One Big Beautiful Bill to advance President Donald Trump’s agenda may not have the devastating impact on the national ...

The drastic difference depends on which budgetary baseline is used: the current law baseline, always used to calculate tax ...

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

The Congressional Budget Office (CBO) projects that the tax piece of President Trump’s “big, beautiful bill,” a core ...

The changes made to President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load ...

The Congressional Budget Office said the Senate version of the One Big Beautiful Bill Act will add some $3.3 trillion to deficits over the next decade. The new numbers, which came after rulings ...

The House-passed version of the One Big Beautiful Bill Act was fiscally irresponsible. The Senate has made the bill worse.

The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...