The CBO's estimate says revenue from tariffs would reduce the deficit by $2.8T. The nonpartisan Congressional Budget Office estimates that President Donald Trump’s tariffs would shrink the U.S ...

It’s Wednesday. Can someone please explain to me why these Labubu key chain plush toys have gone so viral? It’s giving 1998 McDonald’s Beanie Baby toy. In today’s issue: CBO score is out ...

A small government office with some 275 employees has found itself caught in the political crossfire as Congress debates President Donald Trump’s “one big beautiful bill.” ...

President Trump's sweeping tariff plan would cut deficits by $2.8 trillion over 10 years while shrinking the economy, the nonpartisan Congressional Budget Office said.

What did CBO say about the tax cuts enacted in Trump’s first term? In April 2018, CBO said that tax receipts would total $27 trillion from fiscal years 2018 to 2024. Receipts came in about $1.5 ...

Trump's tariffs would also reduce the size of the US economy by about 0.06 percentage points per year on average and cause a 0.4% spike in total inflation for 2025 and 2026, the CBO noted.

Top Republicans, including President Trump, are criticizing the nonpartisan Congressional Budget Office over its assessment that GOP's signature policy bill could add $2.4 trillion to the deficit.

What is the CBO? A look at the small office inflaming debate over Trump’s tax bill The White House and Republican leaders in Congress are taking issue with CBO’s findings.

Johnson’s complaint that the CBO underestimated the impact of the Trump tax cut is because in 2022, federal revenue were $4.9 trillion, which was $885 billion higher than the CBO had projected ...

CBO estimates Trump's bill could add $2.4T to deficit, leave 11 million without health insurance The immigration and tax bill faces headwinds in the Republican-led Senate. By Alexandra Hutzler and ...

President Trump's One Big Beautiful Bill Act will increase the federal deficit by about $2.4 trillion over a 10-year period in its current form, according to a comprehensive analysis released ...

The CBO released a report estimating that President Trump’s “One Big Beautiful Bill Act” would increase the deficit by $2.4 trillion over the next ten years.