The president's proposed budget cuts to the NIH would eventually result in fewer drugs on the market, the U.S. Congressional ...

The Trump administration’s proposed cuts to medical research and health agencies will curtail the development of promising ...

President Donald Trump’s "big beautiful bill" will add $3.4 trillion to the U.S. national debt over the next decade, ...

WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...

If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them headaches.

— -- The Congressional Budget Office will release its first analysis of the Republican Senate health care bill Monday, again shining a spotlight on the nonpartisan reviewers of congressional ...

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.. In a much ...

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.

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 ...

WASHINGTON — The nonpartisan Congressional Budget Office said on Thursday that President Biden’s sprawling climate change and social policy package would increase the federal budget deficit by ...

Phil is the author of the book The Congressional Budget Office: Honest Numbers, Power, and Policymaking (2011), which makes him an ideal guest to answer the question, ...