A pocket rescission is illegal as we explained in our most recent decision on pocket rescissions,” GAO wrote in its WatchBlog ...

Higher borrowing costs are driving up an estimate of the impact to the U.S. budget deficit from President Donald Trump’s ...

The new legal landscape places greater responsibility on Congress to write clearer statutes with less ambiguity for agency ...

The estimate comes from the nonpartisan Congressional Budget Office, which President Trump and Republicans have attacked.

Congressional Budget Office projects lower inflation and higher unemployment into 2025 The office's Current View of the Economy from 2023 to 2025 report, released Friday, estimates that the ...

The Congressional Budget Office projects an explosive rise in federal debt, despite slight improvements in the past year, as the country faces a fiscal reckoning in the coming decades.

The CBO will release its analysis of the GOP Senate health care bill Monday. — -- The Congressional Budget Office will release its first analysis of the Republican Senate health care bill ...

Congressional Budget Office (CBO) Director Phillip Swagel discussed the current budget and economic outlook. He reported the U.S. could default on its debt between July and September unless the ...

Professor Phillip Joyce, author of the book The Congressional Budget Office: Honest Numbers, Power, and Policymaking. Thank you for teaching us about CBO and its work.

When a member of Congress proposes a bill, there's a nonpartisan agency that tells lawmakers how much their bill would cost: The Congressional Budget Office. But estimating these costs can get messy.

Images: SMG/Zuma Press/AFP/Getty Images Composite: Mark Kelly The Congressional Budget Office rudely interrupted the presidential campaign this week by releasing its 10-year budget outlook.

The White House and the Congressional Budget Office are at odds over how much revenue the Internal Revenue Service could recoup from tax cheats. By Jim Tankersley Alan Rappeport and Emily Cochrane ...