Tag: Congressional Budget Office
Trump is bringing in enough revenue from tariffs to cut deficits by $4 trillion over the next decade, CBO says
President Donald Trump’s hike in tariffs is projected to generate enough revenue to cut federal deficits by $4 trillion over the next decade, according to the...
Trump’s Social Security tax cuts could hit future generations hard and propel the program’s insolvency by 2032, research warns
Despite presidential proclamations, Social Security’s financial outlook is more troubled than ever.
A new report from the Committee for a Responsible Federal Budget (CRFB)...
House GOP can’t pass Trump’s tax bill as holdouts on center and far-right push back in late-night session
House Republicans strained through a day of starts and stops trying to advance President Donald Trump’s tax and spending cuts package, GOP leaders working almost...