The recent passage of the megabill is already providing both sides ammunition for the political battles ahead.

President Donald Trump’s "big beautiful bill" will add $3.4 trillion to the U.S. national debt over the next decade, ...

The president's proposed budget cuts to the NIH would eventually result in fewer drugs on the market, the U.S. Congressional ...

WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...

The Trump administration’s proposed cuts to medical research and health agencies will curtail the development of promising ...

If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them headaches.

The richest 1% of Americans hold 31% of our total wealth. In 1968, it was about 20%, and they paid higher taxes. | Opinion ...

A new report from the Congressional Budget Office (CBO) reveals that President Donald Trump’s tax and spending legislation, signed into law on July 4, will increase federal deficits by $3.4 trillion ...

— -- The Congressional Budget Office will release its first analysis of the Republican Senate health care bill Monday, again shining a spotlight on the nonpartisan reviewers of congressional ...

Trump administration officials are weighing a controversial maneuver aimed at allowing them to block federal funding ...

WASHINGTON — The nonpartisan Congressional Budget Office said on Thursday that President Biden’s sprawling climate change and social policy package would increase the federal budget deficit by ...

Phil is the author of the book The Congressional Budget Office: Honest Numbers, Power, and Policymaking (2011), which makes him an ideal guest to answer the question, ...