Tag: Congressional Budget Office

Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits

The president’s proposals, included in the budget he will release on Thursday, are expected to heavily feature tax increases on corporations and high earners.

Supreme Court Skeptical of Biden’s Student Loan Cancellation Plan

The administration faced a conservative court that has insisted that government initiatives with major political and economic consequences be clearly authorized by Congress.

Supreme Court to Hear Cases on Biden’s Student Loan Cancellation Plan

The administration faces a conservative court that has insisted that government initiatives with major political and economic consequences be clearly authorized by Congress.

Biden’s Promises on Social Security and Medicare Have No Basis in Reality

President Biden’s pledges in his State of the Union speech are almost certainly economically impossible.

Burn Pit Program for Veterans Could Cost at Least $400 Billion, Agency Finds

In a report reviewing the nation’s budget outlook, Congress’s nonpartisan scorekeeper estimated that a veterans health program created last year would swell the federal deficit.