As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.

The Congressional Budget Office (CBO) estimates that $402.2 billion of the $1.9 trillion package went towards stimulus checks for Americans who lost work during the COVID-19 crisis. Will continued to hammer the Biden administration's loose spending ...

The Biden administration’s sweeping federal student loan forgiveness plan will cost an estimated $400 billion over the next three decades, according to a Congressional Budget Office (CBO ...

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last year, in its 30-year forecast,

The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal year 2025. The nonpartisan budget scorekeeper estimated that federal

After two days at the House Republican winter retreat, Rep. Marjorie Taylor Greene expressed frustration over a lack of progress on budget reconciliation.

As a presidential candidate last year, Donald Trump declared that if California Gov. Gavin Newsom (D) did not divert more of the state’s limited water supply to farmers, “we won’t give him money to put out all his fires. And if we don’t give him the money to put out his fires, he’s got problems.”

A new forecast from the Congressional Budget Office (CBO) reveals the scale of the fiscal challenge that the second Trump administration has inherited from its predecessors, including Trump 1.0 ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for

Some House Republicans are frustrated with a lack of progress in the reconciliation process, but leadership says the conference is right on schedule.

Virginia has an opportunity to improve residents’ health by increasing Medicaid payments to primary care physicians, ODU family medicine professor Bob Newman, M.D., writes in a guest column.