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.

These days it seems that a mysterious group called “the CBO” rules the world. Or at least Washington. Unfortunately, they’re not ...

Rep. Jason Smith (R-MO) sowed doubt in the Congressional Budget Office’s reports of the “big, beautiful bill” adding trillions of added debt due to the office’s track record of “crazy ...

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

The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis ...

Analysis finds reconciliation bill would most benefit high earners and reduce financial resources available to the ...

President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load while resulting in even ...

The CBO’s director, Phillip Swagel, served in former Republican President George W. Bush’s administration as an economic adviser and as an assistant secretary at the Treasury Department.

I did an experiment: check recent CBO predictions about the budget deficit for accuracy. Turns out, the accuracy of CBO predictions deteriorates rapidly. After 2 years, they are no better than ...

CBO expects that between 57.1% and 58.2% of people under the age of 65 will enroll in an employer plan for every year between 2022 and 2033. The average over this period is 57.8%.