News

2.4 million people expected to lose food stamps after Trump agenda law broadened work requirements, CBO says

Some 2.4 million fewer Americans, including families with children, are forecast to receive food stamps benefits in an ...

Goodbye SNAP benefits: CBO projects how many millions will lose food stamps due to work requirements

A recent analysis by the Congressional Budget Office (CBO) has raised alarm bells by projecting that a large number of US citizens will stop receiving food stamps from the SNAP pro ...

CBO: Republican megabill to cost $4.1T, due to higher borrowing costs

Interest rates will be higher over the next decade because of the GOP’s megabill and drive up borrowing costs even for the ...

CBO projects ‘big, beautiful bill’ would add $5 trilllion to deficit if temporary tax cuts extended

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter ...

President Trump’s spending bill could cost low-income El Pasoans $1,200 a year, CBO finds

Trump’s spending bill will cut aid for low-income families, costing most $1,200 yearly, while boosting wealthy incomes by $13 ...

GOP megabill’s final score: $3.4T in red ink and 10 million kicked off health insurance, CBO says

The package President Donald Trump signed on July 4 would grow the deficit over the next 10 years, Congress’ nonpartisan ...