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President Trump’s spending bill could cost low-income El Pasoans $1,200 a year, CBO finds

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

2.4 million people expected to lose food stamps after Trump agenda law broadened work requirements, CBO says

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

Budget office says GOP’s ‘big, beautiful bill’ will make rich richer, poor poorer

The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest earners the most, according to an analysis released Monday by ...

Goodbye SNAP benefits: CBO projects how many millions will lose food stamps due to work requirements

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 ...

CBO finds health agency cuts would result in fewer new drugs

Potential NIH and FDA cuts could lower the number of new drugs that come to market in the next three decades, according to a ...

CBO projects ‘big, beautiful bill’ would add $5 trilllion to deficit if temporary tax cuts extended

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter ...
USA Today8y

What is the CBO, and why does its ‘score’ on the Obamacare repeal ...

The CBO is an independent, nonpartisan office that analyzes the budgetary impact of proposed legislation. It was created by Congress in 1974 and operates by rules and regulations set by the House ...
The Miami Times1d

Republican megalaw helps earners with high and middle incomes, hurts poorest, CBO says

About 10 million people, mostly Medicaid recipients, will lose access to health insurance and 2.4 million fewer people per ...