The Supreme Court has upheld lower court decisions in striking down a wide swath of President Trump’s tariffs on grounds that he exceeded his legal authority in imposing them.
Under that scenario, deficits would total 7.3% of GDP over the FY 2026 to 2036 period – including 8.1% of GDP in 2036 – and ...
The Congressional Budget Office (CBO)'s projections shape the fiscal debate in Washington, influencing everything from budget negotiations to tax and spending policy, and this year’s baseline arrives ...
On February 18, 2026, Chris Towner, policy director of the Committee for a Responsible Federal Budget, gave a presentation on the February 2026 Congressional Budget Office (CBO) baseline.
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an excerpt of which is below.