The Congressional Budget Office reported the House’s version of the "big, beautiful bill" would add $6 trillion to the debt, then the Senate version was projected to add $3.3 trillion.

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

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

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

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 ...

Here, again, there was a major partisan divide. Most Democrats and independents — 87% and 58%, respectively — believe it will ...

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

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

In a press briefing on Monday, White House Press Secretary Karoline Leavitt was asked about the Congressional Budget Office's ...

The tax cuts don’t add $3.3 trillion to deficits under current tax policy.

President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit. A growing number of their Republican colleagues disagree.

TRUMP SPENDING BILL WOULD CUT TAXES BY $3.7T, ADD $2.4T TO DEFICIT, CBO SAYS President Donald Trump takes a question from a reporter in the Oval Office at the White House on May 5.