cbo

CBO Expects Economy to Contract 7% in Second Quarter

The Congressional Budget Office said Thursday that the U.S. economy will shrink by 7 percent in second quarter of this year. “If that happened, the decline in the annualized growth rate reported by the Bureau of Economic Analysis would be about four

PORTSMOUTH, ENGLAND - JUNE 05: President of the United States, Donald Trump reads from the 32nd U.S. President President Franklin D. Roosevelt's prayer to the US on stage during the D-Day Commemorations on June 5, 2019 in Portsmouth, England. The political heads of 16 countries involved in World War II …

HHS Sec Price: CBO Got It ‘Wrong’ on GOP Health Bill

Health and Human Services (HHS) Secretary Tom Price and Mike Mulvaney, director of the Office and Management and Budget, disagree with the Congressional Budget Office’s assessment on the cost and other impacts of the GOP’s American Health Care Act, which concludes that as many as 24 million would be uninsured by 2026 under the new law.

price-budget Allison ShelleyGetty