Browsing: Congressional Budget Office

House GOP can’t pass Trump’s tax bill as holdouts on center and far-right push back in late-night session

House GOP can’t pass Trump’s tax bill as holdouts on center and far-right push back in late-night session

By Press Room3 July 2025

House Republicans strained through a day of starts and stops trying to advance President Donald Trump’s tax and spending cuts package,…

Congressional Budget Office digs further into ‘Big, Beautiful Bill’ and now says it will raise deficit by .8 trillion, 1 billion more than before

Congressional Budget Office digs further into ‘Big, Beautiful Bill’ and now says it will raise deficit by $2.8 trillion, $441 billion more than before

By Press Room18 June 2025

The report, produced by the nonpartisan CBO and the Joint Committee on Taxation, factors in expected debt service costs and finds that…

U.S. economy will be growing faster than 3% this time next year, predicts Treasury’s Bessent

U.S. economy will be growing faster than 3% this time next year, predicts Treasury’s Bessent

By Press Room26 May 2025

A combination of pro-growth trade policies, tax cuts and deregulation will soon lead to a pickup in activity after a…

Trump tariffs could gross 0 billion in the next decade, CBO head says—but that doesn’t account for the backlash

Trump tariffs could gross $800 billion in the next decade, CBO head says—but that doesn’t account for the backlash

By Press Room28 March 2025

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