Rep. Jason Smith (R-MO) sowed doubt in the Congressional Budget Office’s reports of the “big, beautiful bill” adding ...

How the CBO gets to these figures is at the center of a long-running debate in Washington, because these estimates often ...

ABC News’ Senior White House Correspondent Selina Wang reports on the economic impact of the new tax and spending bill.

The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.

The Congressional Budget Office (CBO) projects that the tax piece of President Trump’s “big, beautiful bill,” a core ...

The changes made to President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load ...

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

As debate over the “One Big, Beautiful Bill” ramps up in the U.S. Senate, Congress’ nonpartisan scorekeeper projects that the ...

President Donald Trump took a victory lap Thursday evening after House Republicans finally passed his "Big Beautiful Bill," ...

The Congressional Budget Office (CBO) projects that the tax piece of President Trump’s “big, beautiful bill,” a core component of his agenda, would add to deficits after 2034, and could ...

The Economic Council Chair said that there's always "fear-mongering" and "doom-mongering" but it often doesn't pan out, ...

But here are the facts CBO offered to the GOP House Budget Committee. Of that 7.8 million, some 4.8 million are uninsured because they don’t comply with the bill’s part-time work requirement.