The more Republicans insist that their far-right legislation would shrink the deficit, the more the CBO's arithmetic points ...

The Congressional Budget Office projected that the House GOP tax bill – dubbed the "One Big Beautiful Bill Act" – would add ...

The Congressional Budget Office estimated that if the House bill were to pass as written, the deficit would increase by ...

After accounting for the dynamic effects of the Trump-backed tax bill, the CBO concludes it will add $2.8 trillion to the ...

House version of proposal would increase red ink even more after including economic growth, CBO projects.

The analysis comes as Trump pushes Congress to send the final product to his desk to become law by Fourth of July.

The House-passed version of Republicans' tax and spending bill would add US$2.8 trillion to US deficits over the next decade, according to new estimates from the Congressional Budget Office (CBO) that ...

According to the Center on Budget and Policy Priorities (CBPP), work requirements proposed in the House bill would take ...

The US central bank has kept interest rates on hold as Trump’s tariffs and their potential fallout leave its members as ...

Senate Republicans are fielding mounting warnings from economists that their signature legislation would add trillions of dollars to the deficit. It appears to be the last thing on their minds. As ...