The sweeping tax and spending cuts package that President Donald Trump signed into law on July 4 is expected to leave 10 ...

The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare ...

WASHINGTON (AP) — President Donald Trump’s tax and spending law will result in less income for the poorest Americans while ...

The Congressional Budget Office has confirmed President Trump’s new budget law will trigger over $500 billion in Medicare ...

U.S. federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the ...

Medicare could see deep cuts through 2034 under the Statutory Pay-As-You-Go Act of 2010 after the One Big Beautiful Bill Act was passed on July 4, according to an Aug. 15 Congressional Budget Office ...

WASHINGTON — Republicans’ “big, beautiful” law will add $3.394 trillion to deficits during the next decade and lead 10 million people to lose access to health insurance, according to an analysis ...

Committee for a Responsible Federal Budget (CRFB) — on Wednesday updated its baseline forecasts for the next decade, estimating the total deficit to be $1 trillion higher than the Congressional Budget ...

Utah, on Monday repeatedly pushed back on criticisms that the “big, beautiful” law will benefit billionaires more than low- ...

Importantly, the CRFB Adjusted August 2025 Baseline does not incorporate the dynamic effects from OBBBA nor other changes to ...

The supposedly “nonpartisan” Congressional Budget Office (CBO), which provides Congress with cost estimates for its policy proposals, may not be the neutral arbiter it claims to be, a new ...

The CBO’s Friday estimate tracks with the nonpartisan Penn Wharton Budget Model, which estimated last month that the social spending plan could cost $3.9 trillion over the next decade if the new ...