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 ...

If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them ...

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.” ...

The House and Senate passed the massive spending and tax bill that includes signature policies of President Trump's ...

Proponents of the current policy baseline method say it offers a more realistic picture of how the tax cuts will affect the ...

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.

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 ...

CBO aims for impartiality More than 50 years ago, the CBO was established by law after Congress sought to assert its control, as outlined in the Constitution, over the budget process.

WASHINGTON — President Donald Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but also increase deficits by $2.4 trillion over the next decade, according to ...

The Congressional Budget Office released a new report on the economic impact of President Trump's megabill. Republican lawmakers are now on defense as Trump's agenda draws scrutiny from Elon Musk ...