ABC News’ Senior White House Correspondent Selina Wang reports on the economic impact of the new tax and spending bill.

If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them ...

Rep. Jason Smith (R-MO) sowed doubt in the Congressional Budget Office’s reports of the “big, beautiful bill” adding ...

How the CBO gets to these figures is at the center of a long-running debate in Washington, because these estimates often ...

The Congressional Budget Office (CBO) projects that the tax piece of President Trump’s “big, beautiful bill,” a core ...

The changes made to President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load ...

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

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

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

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

As debate over the “One Big, Beautiful Bill” ramps up in the U.S. Senate, Congress’ nonpartisan scorekeeper projects that the ...

Boston Red Sox chief baseball officer Craig Breslow reveals the team isn't looking to plug the hole from the Rafael Devers ...