The U.S. Treasury Department on Friday will reveal the strength of President Donald Trump's tariff revenues in its June ...

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 ...

White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.

A new analysis showing the legislation would be far more expensive than the House version could complicate its chances of ...

When a member of Congress proposes a bill, there's a nonpartisan agency that tells lawmakers how much their bill would cost: The Congressional Budget Office. But estimating these costs can get ...

As Senate takes up Trump's "big, beautiful bill," many GOP members dismiss the Congressional Budget Office's deficit projections while White House argues its tax package will achieve savings.

— -- The Congressional Budget Office will release its first analysis of the Republican Senate health care bill Monday, again shining a spotlight on the nonpartisan reviewers of congressional ...

The nonpartisan Congressional Budget Office released a report analyzing 76 policy options for reducing the federal budget deficit, including spending cuts, entitlement and tax reforms.

This rescission package did not come to Congress under normal circumstances. The Administration illegally impounded the funds ...