Congressional Budget Office

Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible

After more than a year of trying — and failing — to pack much of President Biden’s domestic agenda into a single tax-and-spend bill, Democrats appear to have finally found a winning combination. They’ve scrapped most of the president’s plans, dialed down the cost and focused on climate change, health care and a lower budget […]

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Debt Ceiling Window Is Narrowing, Bipartisan Policy Center Warns

The United States faces a default sometime between Dec. 21 and Jan. 28 if Congress does not act to raise or suspend the debt ceiling, a Washington think tank warned on Friday. The projection from the think tank, the Bipartisan Policy Center, was a narrower window than it provided last month, and the nonpartisan group […]

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