News

CBO finds health agency cuts would result in fewer new drugs

Potential NIH and FDA cuts could lower the number of new drugs that come to market in the next three decades, according to a ...

President Trump’s spending bill could cost low-income El Pasoans $1,200 a year, CBO finds

Trump’s spending bill will cut aid for low-income families, costing most $1,200 yearly, while boosting wealthy incomes by $13 ...

CBO projects ‘big, beautiful bill’ would add $5 trilllion to deficit if temporary tax cuts extended

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter ...
Opinion

Taking from the poor to give to the rich is as wrong as it’s always been

We knew even before Monday’s CBO report that Trump’s bill would redistribute wealth from those who have the least to those who have the most.
Wall Street Journal3y

How to Keep the CBO Honest When It Scores Spending Bills

How to Keep the CBO Honest When It Scores Spending Bills The budget office should be held to the standard of replicability. Dec. 5, 2021 12:43 pm ET Share ...
USA Today8y

What is the CBO, and why does its ‘score’ on the Obamacare repeal ...

The CBO is an independent, nonpartisan office that analyzes the budgetary impact of proposed legislation. It was created by Congress in 1974 and operates by rules and regulations set by the House ...

2.4 million people expected to lose food stamps after Trump agenda law broadened work requirements, CBO says

Some 2.4 million fewer Americans, including families with children, are forecast to receive food stamps benefits in an ...

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 earners the most, according to an analysis released Monday by ...