News

Muscatine attorney Taylor Wettach, a Democrat, is looking to oust Republican U.S. Rep. Mariannette Miller-Meeks in Iowa’s 1st Congressional District.
Bessent, speaking to a White House cabinet meeting, said the major collections from Trump's new tariffs only started during the second quarter, when Trump implemented a near universal 10% duty on US ...
ICE is receiving a major infusion of funding to help carry out President Trump’s deportation agenda. The big budget bill passed by Republicans includes billions for the Immigration and Customs ...
The Economic Council Chair said that there's always "fear-mongering" and "doom-mongering" but it often doesn't pan out, ...
If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them ...
ABC News’ Senior White House Correspondent Selina Wang reports on the economic impact of the new tax and spending bill.
Rep. Jason Smith (R-MO) sowed doubt in the Congressional Budget Office’s reports of the “big, beautiful bill” adding ...
The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.
How the CBO gets to these figures is at the center of a long-running debate in Washington, because these estimates often ...
Congressional Budget Office projects Trump's tax bill would cut taxes by $3.7 trillion while raising deficits, but Larry Kudlow challenges CBO's accuracy citing past projection misses ...
The CBO’s 2017 Tax Cuts and Jobs Act scoring was no better. For fiscal 2024, it predicted corporate tax revenues would be $421 billion. Instead, they came in at $529 billion.
CBO projects Trump-backed bill adds $2.4T to deficit over 10 years Republicans dispute CBO’s forecast, claim stronger future growth Democrats cite CBO findings to challenge the legislation Analysis ...