WASHINGTON (AP) — President Donald Trump’s tax and spending law will result in less income for the poorest Americans while ...

Roughly 7.5 million people will lose Medicaid coverage by 2034, while an additional two million will lose coverage under the ...

Some 2.4 million fewer Americans, including families with children, are forecast to receive food stamps benefits in an ...

The new budget law reduces federal Medicaid spending by over $1 trillion, impacting over 71 million low-income and disabled ...

The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest earners the most, according to a new analysis released Monday by ...

Both chambers of Congress are in August recess, and Republican lawmakers are using the time to promote the tax cuts passed in President Donald Trump’s “one ...

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter ...

Today, the Congressional Budget Office (CBO) released new analysis showing that President Donald Trump and congressional Republicans’ One Big Beautiful Bill Act adds at least $4.1 trillion—and ...

That’s higher than the $440 billion in extra borrowing costs CBO estimated in June, before Republicans reworked many of the bill’s policies to abide by Senate rules and woo the support of GOP ...

The long-awaited CBO score, released Monday, estimates that the budget reconciliation bill will increase the federal deficit by a net $3.4 trillion over the 2025-2034 period.

WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional Budget Office reported Monday, a slight increase in the ...

Using the CBO score, the Committee for a Responsible Federal Budget projects that the policies in the bill will also add $4.1 trillion to the national debt over the same time period, when ...