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The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.
Biden-era clean energy tax credits aimed at boosting the use of solar panels, wind energy and electric vehicles will be ...
President Donald Trump has promised that the “big, beautiful bill” passed by Congress will be one of the most successful ...
The bill modestly and permanently raises the maximum amount of the child tax credit from $2,000 to $2,200 per child under the ...
The Congressional Budget Office estimated that it will add $3.3 trillion to the deficit over the next ten years. Elon Musk, ...
Analysis shows Trump's tax bill would reduce federal tax burdens for all income levels, making TCJA's lower rates permanent while adding temporary deductions for tips and overtime.
After a drawn-out battle in the U.S. House of Representatives, lawmakers passed President Donald Trump’s sweeping budget bill ...
The House is planning to vote on the Senate-passed version of President Trump's "big, beautiful bill" as soon as Wednesday ...