Trump's 'Big Beautiful Bill' contains roughly $4.5 trillion in tax cuts and solidified the tax cuts from Trump’s first term.

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 Senate Republicans’ tax and spending bill, which is speeding through the chamber, would result in deeper health care cuts ...

The GOP’s “big, beautiful bill” will impact people’s finances through tax provisions, cuts to social programs and diminished ...

The House’s bill would, according to the CBO’s dynamic analysis, result in $2.77 trillion added to federal deficits over the next decade. Such projections have led certain congressional Republicans to ...

These days it seems that a mysterious group called “the CBO” rules the world. Or at least Washington. Unfortunately, they’re not ...

In early June, the Congressional Budget Office's assessment of the House GOP bill was devastating. In late June, the score on the Senate bill is worse.

Senate and House Republicans would each cut Medicaid spending significantly, and there are some differences between the two ...

The Congressional Budget Office said on Wednesday that Republicans’ One Big Beautiful Bill Act will add $2.4 trillion to the deficit. The numbers released Wednesday are the first from Congress ...

The Congressional Budget Office (CBO) said on Wednesday that Trump’s “One Big Beautiful Bill” would increase the US federal deficit by $2.4 trillion over ten years. The proposal, a ...

But they should also be skeptical of any CBO deficit projection. ... meaning that CBO’s current ten-year revenue projection is likely $4 trillion off the mark. Looking back, ...