President Trump’s new spending bill will increase federal deficits, adding to a debt load that’s already grown more than 50% ...

Republican legislation criticized by media will slash deficits through economic growth, tariff revenue and deportation while ...

The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...

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

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

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

The Congressional Budget Office has recently come under fire from both Democrats and Republicans for its budgetary analysis of President Trump's domestic policy law.

The Senate version of President Donald Trump’s tax and spending measure would add nearly $3.3 trillion to US deficits over a decade, according to a new estimate from the nonpartisan ...

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.

But experts defend the Congressional Budget Office’s deficit projections for Trump’s One Big Beautiful Bill.

The Congressional Budget Office projected that the House GOP tax bill – dubbed the "One Big Beautiful Bill Act" – would add $2.77 trillion to deficits over ten years.

House version of proposal would increase red ink even more after including economic growth, CBO projects.