This article discusses what the CBO is and provides three key takeaways from their latest report estimating the economic impact of the Big Beautiful Bill.

The Congressional Budget Office (CBO) has released an analysis that, despite significant long-term warnings, has been interpreted by the White House as an unequivocal endorsement of President Trump's economic strategy.

The CBO has been consistently wrong about the benefits of tax cuts and the effect of spending cuts on the number of people with health insurance.

House-passed bill slashes income of poorest Americans by $1,600 & boosts wealthy by $12,000, middle-income families gain modestly, but low-income families lose due to Medicaid cuts & work requirements reveal new CBO analysis.

White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.

The House GOP budget bill would increase deficits and result in nearly 11 million individuals losing access to health insurance, CBO found.