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Nov 15, 2019
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Stories Tagged as
CBO

How the CBO became "God" in Washington's budget battles

by Tracey Samuelson May 15, 2019
Credit the agency's founding director, Alice Rivlin, who died this week.
Keith Hall, Director of the Congressional Budget Office (CBO), arrives to testify about CBO's Budget and Economic Outlook for Fiscal Year 2019-2029, during a Senate Budget Committee hearing on Capitol Hill in Washington, DC, January 29, 2019.
SAUL LOEB/AFP/Getty Images
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Government shutdown 2019

The shutdown cost the U.S. economy $3 billion, Congressional Budget Office says

by Kai Ryssdal and Maria Hollenhorst Jan 28, 2019
"We think we'll be down about $3 billion of GDP," CBO Director Keith Hall says.
Congressional Budget Office Director Keith Hall testifies before the Senate Budget Committee on Jan. 24, 2018, in Washington, D.C.
Win McNamee/Getty Images
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We're heading toward trillion-dollar deficits. Here are 5 things you need to know.

by Kimberly Adams Apr 10, 2018
The Congressional Budget Office says deficits will nearly equal GDP by 2028. That can't be good, right?
The early morning sun strikes the U.S. Capitol in Washington, D.C. 
Photo by Win McNamee/Getty Images
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CBO: Tax cuts, spending to raise deficit to $1 trillion by 2019

by Associated Press Apr 9, 2018
The Congressional Budget Office says the tax and spending bills will increase the budget deficit by billions.
Brendan Hoffman/Getty Images
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The GOP tax plan just got more expensive

by Kimberly Adams Nov 8, 2017
A new estimate by the Congressional Budget Office says the plan could add $1.7 trillion to the deficit
Committee chairman Rep. Kevin Brady (R-TX) and ranking member Rep. Richard Neal (D-MA) confer with aides before the start of a House Ways and Means Committee hearing concerning the Trump administration's fiscal year 2018 budget proposals, on Capitol Hill, May 24, 2017 in Washington, DC.
Drew Angerer/Getty Images
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Debt: Another big congressional battle on the horizon

by Adriene Hill Jun 29, 2017
The Congressional Budget Office is expected to release a report today on the country’s debt ceiling. The debt limit, which caps the amount the United States can borrow, was reinstated back in March. And the Treasury Department began using what…
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Breaking down the new CBO score on the House's health care act

by Kai Ryssdal May 24, 2017
The Congressional Budget Office estimates 23 million more Americans will be without insurance by 2026 under the amended bill.
President Trump and Speaker of the House Paul Ryan in the White House Rose Garden after the House of Representative passed the health care bill on May 4.
MANDEL NGAN/AFP/Getty Images
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CBO score tallies how many will be covered by revised GOP health plan

by Ryan Kailath May 24, 2017
The Congressional Budget Office will release its assessment, or “score,” of the House GOP’s revised health plan this afternoon. When the first draft was released back in March, the CBO estimated 24 million people would lose health insurance under that…
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CBO director worries some Americans don’t know what to believe anymore

by Kai Ryssdal Apr 20, 2017
Keith Hall, of the Congressional Budget Office, talks about the importance of keeping analysis nonpartisan.
"We understand our role is to be nonpartisan and to be objective," says Keith Hall, director of the Congressional Budget Office. "You don't want the economic data to be partisan."
Alex Wong/Getty Images
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Yeah, it’s all about your parents’ retirement

by Nancy Marshall-Genzer Mar 30, 2017
We got some grim news from the Congressional Budget Office today. The CBO predicted that the budget deficit and government debt will more than triple during the next 30 years unless Congress and the White House change the laws on…
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