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

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 congressional Republican bill will cause millions of low-income Americans to lose Medicaid coverage in order to fund tax ...

Alaska’s lone member of the House says new Arctic oil drilling opportunities represent a huge gain for the state, downplays ...

The Senate version of President Donald Trump’s tax and spending measure would add nearly $3.3 trillion to US deficits over a ...

As tensions flare over Republicans’ cost-saving reforms to Medicaid in the One Big Beautiful Bill Act, a new report from the ...

The new numbers represent a $4.5 trillion decrease in tax revenues and a $1.2 trillion cut in spending through 2034.

During an appearance on CNBC’s Squawk on the Street Thursday, Bessent did his best to defend his title as a “fiscal hawk” ...

President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load while resulting in even ...

President Donald Trump's tax-cut package cleared its final hurdle in the U.S. Congress on Thursday, as the ...

Garrett Watson, director of Policy Analysis at the Tax Foundation, told Just the News that Social Security is on a “rapid ...