According to the Congressional Budget Office (CBO), the House-passed OBBBA would add roughly $3 trillion to the debt through ...

The Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act ...

The House-passed One Big Beautiful Bill Act (OBBBA) would add about $3 trillion to the debt, including interest, on a ...

Yesterday, the Congressional Budget Office (CBO) estimated that recent tariff policies would reduce deficits by $2.5 to $3 ...

Keith Hall is a former director of the Congressional Budget Office, former Commissioner of the Bureau of Labor Statistics, and former chief economist of the White House Council of Economic Advi ...

The federal government borrowed $2.0 trillion over the past year – June 2024 to May 2025 – based on estimates from the ...

The Centers for Medicare & Medicaid Services (CMS) recently announced it was expanding its efforts to audit Medicare ...

A deficit-financed reconciliation bill could raise Americans’ mortgage costs by thousands of dollars per year by pushing up ...

Tax provisions in the OBBBA were initially projected to decrease revenues by $3.8 trillion over the next decade. Shortly before passage, the House Rules Committee amended the bill, making significant ...

Yesterday, the Senate Health, Education, Labor, and Pensions (HELP) Committee released its part of the Senate reconciliation package, which we estimate will save roughly $355 billion between fiscal ...

CBO projects that rising debt will also slow economic growth and boost interest rates. Over the long term, we estimate based ...

Now that the House of Representatives has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the ...