Benefits September 28, 2026
New Warning: Social Security Cuts Will Be Larger Than Predicted, Feds Say
Looming cuts to Social Security could be deeper than previously predicted, according to a new report from the Congressional Budget Office.
Taxes July 21, 2025
Trump Tax Law to Add $3.4 Trillion to U.S. Deficits, CBO says
The Congressional Budget Office score for the law, released July 21, reflects a $4.5 trillion decrease in revenues and a $1.1 trillion decline in spending through 2034, relative to a current-law baseline.
Taxes June 12, 2025
CBO: Republican Budget Bill Would Take From the Poor, Give to the Rich
The reconciliation bill passed by the House would most benefit high earners and reduce financial resources available to the lowest-income households, the Congressional Budget Office said on June 12.
Taxes June 4, 2025
Trump’s Tax Bill Would Add $2.4 Trillion to the Deficit, CBO Analysis Finds
If President Donald Trump’s “big, beautiful bill” passes, taxes will be cut by roughly $3.75 trillion but it will add $2.4 trillion to the overall deficit over the next decade, according to a new report from the Congressional Budget Office.