Congressional Budget Office

The Democrats’ “Inflation Reduction Act” is set to squeeze $20 billion from working and middle class Americans with new funding for increased Internal Revenue Service (IRS) audits, the Congressional Budget Office (CBO) estimates. 

Ortiz writes Biden’s Build Back Better Act would effectively shrink the already decimated labor force resulting from the pandemic because it offers welfare programs that make it more comfortable to stay home and collect a government check than to go to work.

Rep. Jason Smith (R-MO), the ranking member of the House Budget Committee, said in a statement on Friday that the $4.9 trillion Build Back Better Act will “bankrupt the economy” while Americans continue to suffer from soaring inflation. 

The Congressional Budget Office (CBO) found that the Build Back Better Act would cost $3 trillion, far higher than its alleged $1.75 trillion price tag. 

The Congressional Budget Office (CBO) found Thursday that increased IRS enforcement funding in the Build Back Better Act would raise only half of the tax revenue the Joe Biden White House estimated.

On Thursday’s broadcast of CNN’s “OutFront,” House Majority Whip James Clyburn (D-SC) said he is “much more comfortable” with the White House’s numbers on the Build Back Better reconciliation bill than the Congressional Budget Office’s numbers, and that the CBO’s

On Wednesday’s broadcast of CNN’s “New Day,” House Majority Whip James Clyburn (D-SC) stated that while the White House and Democrats believe the Build Back Better reconciliation bill will be fully paid for, the Congressional Budget Office might think differently.

The Congressional Budget Office’s (CBO) analysis of increased IRS funding could put a higher price tag on the multi-trillion Build Back Better Act.

The White House on Tuesday questioned the accuracy of the Congressional Budget Office ahead of a looming ruling on the House version of President Joe Biden’s Build Back Better bill.

The House will reportedly vote on the reconciliation package between Thursday and Saturday with debate beginning Wednesday. 

House Speaker Nancy Pelosi (D-CA) continues wrestling with the leftist House progressive caucus of Democrats persuade them to support the president’s agenda, and the president continues trying to lobby for more votes.

On Friday’s broadcast of CNN’s “The Lead,” Rep. Ro Khanna (D-CA) said that he can’t understand why some Congressional Democrats want to wait for a CBO score on the reconciliation bill and said that “If you’re for Trump’s vision that

The Congressional Budget Office (CBO) said Thursday that the so-called bipartisan infrastructure bill would add $256 billion to the deficit over ten years. 

The University of Pennsylvania Penn-Wharton Budget Model found Thursday that the so-called bipartisan infrastructure bill would “have no significant impact” on economic growth.

The Congressional Budget Office (CBO) released an analysis Thursday which found the Democrats’ amnesty bill would cost $35 billion over ten years.

In its latest forecast, the Congressional Budget Office increased the projected 2021 budget deficit to nearly $2.3 trillion.

On Monday’s “MSNBC Live,” White House Council of Economic Advisers member Jared Bernstein reacted to the Congressional Budget Office study showing that a $15 minimum wage would cost over 1 million jobs by saying that raising the minimum wage increases wages,

The Congressional Budget Office (CBO) is out with a new report undercutting the case congressional Democrats and President Joe Biden have been making in favor of raising the federal minimum wage to $15 an hour.

President-elect Joe Biden’s proposal to raise the national minimum wage to $15 an hour could put more than 1.3 million Americans out of work.

House Democrats blocked a motion Monday that would have preserved a long-standing budgetary restraint on excessive government spending; Democrats eliminated the restraint for climate change proposals such as the Green New Deal.

The Congressional Budget Office (CBO) released an analysis on Friday that found that Senate Finance Committee Chairman Chuck Grassley (R-IA) and Ranking Member Ron Wyden’s (D-OR) drug pricing bill would cut spending by $95 billion, reduce out-of-pocket spending, and reduce premiums.

The CBO forecasts a $1 trillion budget deficit this year and an average of $1.3 trillion over the next ten years.

In the fall of 2017, House Republican leaders were quietly expressing concern that Trump should not place any “arbitrary deadlines” on passing the tax cuts and reform bill.

The Congressional Budget Office (CBO) released updated budget projections on Wednesday incorporating interest costs on federal debt that are already out of date.

At the first night of this week’s Democratic presidential debates, candidate Pete Buttigieg claimed it was anti-Christian not to drastically raise the minimum wage.

Sen. Steve Daines (R-MT) told Breitbart News in an exclusive statement Thursday that he will introduce “common sense” legislation to better project the cost of federal budgeting by including the interest cost of government spending.

Joe Biden claimed Wednesday night during the 2020 Democrat presidential debate that “Obamacare is working” even though premiums, deductibles, and co-pays remain historically high.

Rep. Rashida Tlaib (D-MI) is upping the ante and calling for a minimum wage that exceeds the $15 per hour frequently demanded by her progressive colleagues, proposing instead a $20 minimum wage.

The CBO said it expects interest rates to be lower than it projected last year but even in the short term, its forecast is too high.

Former Congressional Budget Office (CBO) Director Keith Hall on Monday blamed Republicans, not the CBO, for their failed attempt to repeal Obamacare.

The House Budget Committee will hold a hearing on Wednesday on “components” and “considerations” for “establishing a single-payer health care system.”

The Congressional Budget Office (CBO) said in a report this week that a potential transition to Medicare for All could be “complicated, challenging,” and potentially disruptive.

Will the Democrat-controlled House be willing to give Trump a clean debt ceiling raise or are we in for another showdown?

The Centers for Medicare and Medicaid Services (CMS) released a little-noticed report last week that confirms what Obamacare critics said from Day One: the Congressional Budget Office (CBO) estimates for the cost and impact of the Affordable Care Act were off by enormous margins. American voters should carefully consider this object lesson when evaluating all socialist promises.

Democratic presidential candidate, Sen. Amy Klobuchar, says the federal government needs to provide Minnesota companies with more imported workers.

The First Step Act, if signed into law by President Trump, would reduce the federal prison population by 53,000 inmates, the CBO reveals.