This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...
Trump’s early, extraordinary steps pose a direct challenge to a fundamental underpinning of the Constitution: the power of ...
Most Americans like the Trump tax cuts. Now, Congress must decide what taxpayers would give up in order to keep them.
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...
President Donald Trump has undone many of Joe Biden's progressive policies, if not the damage they inflicted, in less than ...
It's a divide with major ramifications for the taxpayers, the country and for Trump, who has said he wants a “big, beautiful ...
The scale of Biden’s executive spending is hard to convey. The Committee for a Responsible Federal Budget estimated that ...
In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.
Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling ...
A new forecast from the Congressional Budget Office reveals the scale of the fiscal challenge that the second Trump administration has inherited from its predecessors. Amid much talk about the problem ...
The Congressional Budget Office anticipates a $1.865 trillion U.S. budget deficit for fiscal 2025, signaling stable government finances as Trump's term begins. Extending tax cuts could increase ...