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

Recent analysis from the Congressional Budget Office estimated that Medicare spending would see steep cuts over roughly the ...

President Donald Trump’s tax and spending law will result in less income for the poorest Americans while sending money to the ...

Trump’s spending bill will cut aid for low-income families, costing most $1,200 yearly, while boosting wealthy incomes by $13 ...

The CBO says Trump's megabill will decrease resources "for households toward the bottom" of the income scale and increase for households "toward the top." ...

Interest rates will be higher over the next decade because of the GOP’s megabill and drive up borrowing costs even for the ...

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter ...

A recent analysis by the Congressional Budget Office (CBO) has raised alarm bells by projecting that a large number of US citizens will stop receiving food stamps from the SNAP pro ...

Today, the Congressional Budget Office (CBO) released new analysis showing that President Donald Trump and congressional Republicans’ One Big Beautiful Bill Act adds at least $4.1 trillion—and ...

Some 2.4 million fewer Americans, including families with children, are forecast to receive food stamps benefits in an ...

The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people ...

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