On the other hand, PWBM and YBL estimate OBBBA will add more to the debt on a dynamic basis than under conventional scoring.

The Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act ...

The federal government borrowed $2.0 trillion over the past year – June 2024 to May 2025 – based on estimates from the ...

Yesterday, the Congressional Budget Office (CBO) estimated that recent tariff policies would reduce deficits by $2.5 to $3 ...

Now that the House of Representatives has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the ...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for U.S. News and World Report, an excerpt of which is below.

Although the concurrent budget resolution called for the House to cut mandatory spending by $2 trillion over the next decade, ...

A deficit-financed reconciliation bill could raise Americans’ mortgage costs by thousands of dollars per year by pushing up ...

Yesterday, the Senate Health, Education, Labor, and Pensions (HELP) Committee released its part of the Senate reconciliation package, which we estimate will save roughly $355 billion between fiscal ...

The Centers for Medicare & Medicaid Services (CMS) recently announced it was expanding its efforts to audit Medicare ...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an excerpt of which is below.

CBO projects that rising debt will also slow economic growth and boost interest rates. Over the long term, we estimate based ...