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updated Thu. December 7, 2023

U.S. Secretary of Health and Human Services (HHS) Tom Price (L-R), Office of Management and Budget (OMB) Director Mick Mulvaney and White House Press Secretary Sean Spicer speak to reporters after the Congressional Budget Office released its score on proposed Republican health care legislation ...

According to the Congressional Budget Office (CBO), state and local governments accounted for 77 percent of public spending on transportation and water infrastructure in 2014. Any plan that kicks still more of the responsibility for funding infrastructure to state and local governments isn't a serious plan for ...
The country has endured a startling amount of economic disruption for what is clearly an inferior source of energy. Ethanol produces 34% less energy per volume than conventional gasoline, reducing cars' fuel economy. As for its effect on the environment, a 2010 Congressional Budget Office study found ...
The federal government's budget deficit rose to $215 billion in February, the largest monthly deficit since 2012. The shortfall was driven by both higher spending and lower revenues. Government outlays increased by $23 billion, or 2 percent, compared to a year ago. According to a preliminary analysis ...
The Congressional Budget Office confirmed on Monday that bank lobbyists had successfully altered language of the so-called Citigroup carve-out, potentially allowing mega-banks Citi and JPMorgan Chase to add leverage and put more debt-fueled risk on their balance sheets. CBO gave Citi and ...
The Congressional Budget Office, which issues the budget projections followed by Congress, will issue its updated figures next month. Republicans controlling Congress and the White House have signaled they won't take on the daunting task of tackling the deficit this year. Trump is opposed to cutting ...
WASHINGTON -- The House Budget Committee launched a "comprehensive review" of the Congressional Budget Office earlier this year, a series of five hearings examining the nonpartisan number crunchers. The team of analysts has faced sharp criticism from White House budget director Mick Mulvaney ...


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