The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...

News about Congressional Budget Office, including commentary and archival articles published in The New York Times.

While social media users claimed ICE's budget would increase to $48.5 billion, the actual overall number was even higher.

We must use our voices in the public square, in print media, on social media, and – perhaps most importantly – in personal ...

Having the Air Force fly a B-2 bomber overhead during a signing ceremony for a budget bill would have in a different time ...

The U.S. Treasury Department on Friday will reveal the strength of President Donald Trump's tariff revenues in its June ...

If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them ...

The Senate has started formal debate on the Trump administration's budget reconciliation bill after lawmakers spent 16 hours ...

Republicans are proposing to dramatically roll back tax breaks designed to boost clean energy projects fueled by renewable ...

House Republicans are proposing a 50 percent cut in GAO's budget, while lawmakers should modernize the agency to better serve ...

ICE is receiving a major infusion of funding to help carry out President Trump’s deportation agenda. The big budget bill passed by Republicans includes billions for the Immigration and Customs ...

Trump’s “big, beautiful bill” narrowly passed through the Senate Tuesday when Vice President JD Vance cast the tie-breaking ...