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 ...

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

A new CBO report reveals how Trump’s tax law benefits the richest Americans while leaving poorer Americans with less ...

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

SNAP in 2024 served an average of 41.7 million people monthly, or 12.3% of the U.S. population, according to the USDA.

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." ...

Using the CBO score, the Committee for a Responsible Federal Budget projects that the policies in the bill will also add $4.1 trillion to the national debt over the same time period, when ...

The president's proposed budget cuts to the NIH would eventually result in fewer drugs on the market, the U.S. Congressional Budget Office said.

Budget office says Trump’s tax law will add $3.4 trillion to deficits, leave 10 million uninsured The release of the CBO analysis Monday comes at the end of a grueling legislative fight, but at ...

Washington — President Donald Trump's tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional Budget Office reported Monday, a slight increase in the ...

The US Treasury Department is now accepting Venmo and PayPal payments from those who want to donate money to reduce the nation’s ballooning $36.7 trillion debt.