The Congressional Budget Office projected that the House GOP tax bill – dubbed the "One Big Beautiful Bill Act" – would add ...

The Congressional Budget Office said the Senate version of the One Big Beautiful Bill Act will add some $3.3 trillion to deficits over the next decade. The new numbers, which came after rulings from ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...

The federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the ...

The CBO estimates the Senate bill would increase the deficit by nearly $3.3 trillion from 2025 to 2034, a nearly $1 trillion increase over the House-passed bill, which CBO has projected would add $2.4 ...

The One Big Beautiful Bill to advance President Donald Trump’s agenda may not have the devastating impact on the national ...

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

Accounting for the dynamic effects of the Trump-backed tax bill, the CBO concludes it will add $2.8 trillion to the deficit over 10 years.

The Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, a ...

The CBO has not released an estimate on how this would impact the deficit, and Tuesday’s report only analyzes the proposal passed by the House. Big Number: $1,600.

Trump signed a tax and spending bill into law, touting it as a historic win despite projections of widening the deficit.