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    Subscribe to Congressional Budget Office

    Congressional Budget Office

    NPR
    Economy
    The federal budget deficit is expected to grow to $960 billion this year, the Congressional Budget Office said.
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    The Federal Budget Deficit Is Getting Bigger As Spending Grows

    Aug 21, 2019
    The deficit is expected to swell to $960 billion this year and average $1.2 trillion in each of the next 10 years, according to congressional budget forecasters. They also expect the economy to slow.
    NPR
    Economy
    People protest for a $15 minimum wage in New York City in 2017.
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    $15 Minimum Wage Would Boost 17 Million Workers, Cut 1.3 Million Jobs, CBO Says

    Jul 08, 2019
    The Congressional Budget Office analyzed the impact of lifting the $7.25 federal minimum wage to $15 by 2025. The House is expected to vote next week on a bill to lift the federal minimum.
    NPR
    Economy
    Despite being in the second-longest economic expansion since the post–World War II boom, the U.S. is projected to rack up national debt at rates not seen since the 1940s. Here, the U.S. Treasury Department's main building is seen in Washington, D.C.
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    U.S. National Debt Hits $22 Trillion — A New Record That's Predicted To Fall

    Feb 13, 2019

    Federal deficits are now expected to average $1.2 trillion, or 4.4 percent of gross domestic product — far higher than the average over the past 50 years.

    NPR
    Politics
    Senate Majority Leader Mitch McConnell meets with reporters after a closed-door Republican strategy session on Tuesday.
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    Delaying August Recess, Senate Republicans To Release Updated Health Care Bill

    Jul 11, 2017
    The new bill will be released Thursday and could come to the floor next week. Majority Leader Mitch McConnell has also delayed the Senate's August recess by two weeks.
    NPR
    Shots - Health News
    The GOP health bills would eliminate the 10 percent tax on the use of tanning beds. It was one of more than a dozen taxes introduced as part of the Affordable Care Act.
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    Who Would Enjoy Tax Breaks Under The GOP Health Care Proposals?

    Jul 07, 2017
    The GOP health bills would eliminate many of the taxes that help pay for coverage under the Affordable Care Act. Wealthy individuals stand to gain the most. And customers of tanning salons.
    NPR
    Politics
    President Donald Trump celebrates with House Speaker Paul Ryan in the White House Rose Garden Thursday after the House voted to pass the American Health Care Act.
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    As GOP Health Care Push Moves To Senate, White House Questions Value of CBO Analysis

    May 06, 2017
    "I think I know the gospel pretty well," a White House spokeswoman said after the House passed a health care bill without the official legislative scoring, "and I'd say the CBO is not the gospel."
    NPR
    Shots - Health News
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    Tax Credits, Penalties And Age Rating: Parsing The GOP Health Bill

    Mar 20, 2017
    As the GOP bill to replace the Affordable Care Act begins to move through Congress, reporters for NPR and Kaiser answer your questions about what it might mean for your health plan.
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    NPR
    Politics
    House Speaker Paul Ryan uses charts and graphs to make his case for the GOP's plan to repeal and replace the Affordable Care Act on March 9.
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    GOP Health Care Bill Could Leave 24M More Without Coverage By 2026, CBO Says

    Mar 13, 2017
    Republicans' plan to replace the Affordable Care Act would reduce the federal deficit, though, according to a report from the Congressional Budget Office.
    NPR
    Shots - Health News
    Sen. Bill Cassidy, R-La., responds to constituents concerned about their coverage under the Affordable Care Act.
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    GOP Health Bill Draft Would Cut Medicaid, Emphasize Tax Credits

    Feb 24, 2017
    The plan would replace insurance subsidies for low-income families with tax credits for everyone, eliminate the requirement to buy health care, and end taxes on medical devices.
    NPR
    The Two-Way

    Once Upon A Time, Congress Cut Deficits; Now CBO Says That's Over

    Jan 19, 2016
    Back in the old days, say 2011, political leaders talked about, and acted upon, worries involving federal borrowing. But a new CBO report shows deficits surging — even as political attention drifts.
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