The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.

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.

Donald Trump’s "One Big Beautiful Bill Act" will slash the household resources of the poorest Americans by about $1,600 while boosting the wealthiest households by roughly $12,000, the Congressional Budget Office said in a distributional analysis released Thursday.

House Republicans’ sweeping tax and spending cuts package would add $2.4 trillion to the deficit over the next decade, according to the Congressional Budget Office’s analysis of the bill that GOP lawmakers narrowly approved last month.

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

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.

President Trump’s One Big Beautiful Bill Act will increase the federal deficit by about $2.4 trillion over a 10-year period in its current form, according to a comprehensive analysis

President Donald Trump’s big bill making its way ... according to an analysis released Wednesday by the nonpartisan Congressional Budget Office.The CBO also estimates an increase of 10.9 million ...

Speaker Mike Johnson boasted that hardworking Americans who are struggling to get by are "going to love" his party's megabill. Reality suggests otherwise.