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If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them ...
The Republican package would slash taxes, boost spending on immigration enforcement and the military, and impose steep cuts ...
The House and Senate passed the massive spending and tax bill that includes signature policies of President Trump's ...
But in Washington, D.C., reconciliation refers to a potent legislative shortcut that allows the party in power to avoid opposition and enact sweeping changes to taxes and spending with a simple ...
A football coach makes a game plan each week (topical and timely analogy). When a president proposes to balance a budget what do they present to Congress? In addition to a little black magic, that ...
As lawmakers scramble to assemble the 12 appropriations bills providing money for federal agencies to spend on programs each year, one lawmaker is calling for major reforms to the process. The Budget ...
The supposedly “nonpartisan” Congressional Budget Office (CBO), which provides Congress with cost estimates for its policy proposals, may not be the neutral arbiter it claims to be, a new ...
The CBO was established in 1974 to “provide objective, nonpartisan information to support the Congressional budget process and to help the Congress make effective budget and economic policy.” ...
President Donald Trump’s big bill making its way through Congress will cut taxes by $3.7 trillion but also increase deficits by $2.4 trillion over the next decade, according to an analysis ...
The Congressional Budget Office estimates the government is on track to spend roughly $7 trillion this year, with the rescission request equaling just 0.1% of that total.
Congress has already passed their top lines for spending, hoping to allocate more funds to the Pentagon, Homeland Security, building the border wall, and fossil fuels.