News

How Congress could enter the fight over D.C.
— Extend the police takeover: Under the 51-year-old federal law creating D.C.’s local government, Trump can seize control of ...
KARK34m
Budget office says GOP’s ‘big, beautiful bill’ will make rich richer, poor poorer
The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...
US budget deficit has widened by $109B from a year ago despite influx of tariff revenue
The federal budget deficit increased by $109 billion in first 10 months of fiscal year 2025 despite a $70 billion boost from ...
Government Executive16h
Judge orders White House budget office to reveal information about spending decisions
The U.S. Court of Appeals for the D.C. Circuit mandated that the Office of Management and Budget restore a website detailing ...
Congressional Watchdog Publishes Aptly Timed Reminder That WH Budget-Slashing Scheme is Illegal
A pocket rescission is illegal as we explained in our most recent decision on pocket rescissions,” GAO wrote in its WatchBlog ...
The Daily Hodl3h
US Budget Deficit Soars $1,626,000,000,000 in First 10 Months of 2025 Fiscal Year, According to Congressional Budget Office
The US government has spent over a trillion dollars more than it collected in revenue during the first 10 months of the 2025 ...
Opinion: How can Congress regain control over tariffs?
Just read Article I, Section 8, which says, “The Congress shall have power to lay and collect taxes, duties, imposts and ...
Here’s how many Minnesotans may die because of Congress’ Medicaid cuts
When we hear about health policy changes in the news, usually the numbers we hear are related to insurance: How many people ...
Trump’s budget law could widen the deficit by $718 billion more than previously estimated. Here’s why.
Higher borrowing costs are driving up an estimate of the impact to the U.S. budget deficit from President Donald Trump’s ...
ABC News8y
Everything you need to know about the Congressional Budget Office
The CBO will release its analysis of the GOP Senate health care bill Monday. — -- The Congressional Budget Office will release its first analysis of the Republican Senate health care bill ...
Washington Examiner1y
CBO projects massive debt reckoning despite some improvements
The Congressional Budget Office projects an explosive rise in federal debt, despite slight improvements in the past year, as the country faces a fiscal reckoning in the coming decades.
American Enterprise Institute3y
What Does the Congressional Budget Office Do? (with Philip Joyce)
Professor Phillip Joyce, author of the book The Congressional Budget Office: Honest Numbers, Power, and Policymaking. Thank you for teaching us about CBO and its work.