Even if the numbers return to where they once were, the economy is probably going to look very different.
Credit the agency's founding director, Alice Rivlin, who died this week.
"We think we'll be down about $3 billion of GDP," CBO Director Keith Hall says.
Yesterday marked the one-year anniversary of the Republican-controlled House voting to repeal the Affordable Care Act. The nonpartisan Congressional Budget Office has said the vote would increase the number of uninsured Americans by more than 20 million. Well, Obamacare is still standing, but as part of the tax overhaul, the Trump administration and congressional Republicans […]
The acting director of the Consumer Financial Protection Bureau talks about the agency's decision to fine Wells Fargo.
The Congressional Budget Office says the tax and spending bills will increase the budget deficit by billions.
'It is a terrible mistake' to vote on health care bill without a CBO score, the former director says
Douglas Elmendorf says the agency will build on the estimated economic impact for the original legislation.
If you want to be loved, you don’t go to work for the Congressional Budget Office. The non-partisan agency’s job is to make economic projections and provide Congress with all sorts of budget data. Data that fails to account for all sorts of possibilities and invariably makes somebody unhappy. The agency earned the wrath of […]