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

Having the Air Force fly a B-2 bomber overhead during a signing ceremony for a budget bill would have in a different time ...

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

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the ...

By 2018, our national debt had grown to $22 trillion. Trump at that time stated in his budget proposal that the national debt ...

CNBC interviewed a dozen experts, investors and former government officials to explore the consequences of America’s fiscal ...

First, some context. In 1974, when Congress was up on its hind legs about the many abuses of executive power by Richard Nixon, lawmakers passed the Congressional Budget and Impoundment Control Act ...

Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse ...

Rep. Brad Finstad dismisses fears that the bill will add trillions in red ink as false Democratic talking points.

A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially ...