CBO

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Senate tax bill would add $3.3 trillion to U.S. deficits, CBO says

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

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GOP tax bill would cost poor Americans $1,600 a year and boost highest earners by $12,000, CBO says

WASHINGTON (AP) — The Republican tax bill approved by the U.S. House of Representatives would cost the poorest Americans roughly…

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What’s the CBO? Meet the nonpartisan agency under fire from Republicans. : NPR

The Congressional Budget Act of 1974 established the Congressional Budget Office, an agency designed to provide lawmakers with objective information…

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Politics

CBO says Trump megabill would add $2.4 trillion to future deficits : NPR

The U.S. Capitol building is seen on Capitol Hill, in Washington, D.C. on June 3. Alex Wroblewski/AFP via Getty Images…

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Business

US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels

The nonpartisan Congressional Budget Office estimated what the impact would be if the Tax Cuts and Jobs Act was made permanent.…

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Politics

CBO projects deficits will sharply rise if Trump tax cuts made permanent

New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made permanent…

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