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CBO

9 posts
  • US

Potential Medicare Cuts Loom Due to Trump Tax Law, Warns CBO if Congress Fails to Intervene

Trump tax law could cause Medicare cuts if Congress doesn't act, CBO says
WASHINGTON (AP) — Automatic cuts to Medicare could be triggered due to…
  • Internewscast
  • August 16, 2025
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  • US

CBO Reports Trump’s Tax Law Primarily Benefits the Wealthy, Leaves Less for Lower-Income Americans

Trump's tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says
WASHINGTON (AP) — A recent report from the Congressional Budget Office indicates…
  • Internewscast
  • August 12, 2025
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  • Local news

CBO Report: Trump’s Tax Law Primarily Aids the Wealthy, Leaves Lower-Income Americans with Less

Trump's tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says
WASHINGTON – According to a report from the nonpartisan Congressional Budget Office,…
  • Internewscast
  • August 11, 2025
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  • Local news

CBO: Continuing Trump’s Tax Cuts May Increase Deficit by $5 Trillion

CBO: Extending Trump's tax relief could add $5T to deficit
The Congressional Budget Office informed Senate Budget Committee Ranking Member Jeff Merkley…
  • Internewscast
  • August 5, 2025
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  • US

The Congressional Budget Office Indicates GOP’s Major Tax Bill May Breach Senate Byrd Rule

CBO says tax piece of GOP megabill could violate Senate Byrd Rule
The CBO anticipates that the tax component of President Trump’s highly-promoted legislation…
  • Internewscast
  • June 30, 2025
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  • Local news

CBO: Republican Senate Tax Bill Projected to Increase US Debt by $3.3 Trillion

Republican Senate tax bill would add $3.3 trillion to the US debt load, CBO says
WASHINGTON – According to a fresh analysis by the nonpartisan Congressional Budget…
  • Internewscast
  • June 29, 2025
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  • Local news

CBO Warns Part of GOP’s Major Tax Bill Might Breach Senate Byrd Rule

CBO says tax piece of GOP megabill could violate Senate Byrd Rule
The Congressional Budget Office (CBO) projects that the tax piece of President…
  • Internewscast
  • June 29, 2025
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  • Local news

According to the CBO, Trump’s tax legislation could increase the deficit by $2.4 trillion over the next ten years.

Trump tax bill would add $2.4 trillion to the deficit over a decade: CBO
President Trump’s “big, beautiful bill” would add $2.4 trillion to the nation’s…
  • Internewscast
  • June 4, 2025
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  • Local news

According to the CBO, the House GOP’s proposal surpasses the $880 billion savings goal.

CBO: House GOP plan exceeds $880 billion savings target
The Energy and Commerce Committee, which oversees Medicaid, exceeded its objective of…
  • Internewscast
  • May 12, 2025
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Former DACA recipient with violent criminal past flees ICE, tries balcony jump during Chicago arrest
  • US

DACA Recipient with Criminal Record Attempts Daring Escape from ICE in Chicago

This week in Chicago, U.S. Immigration and Customs Enforcement (ICE) agents apprehended…
  • Internewscast
  • November 8, 2025
Illinois steamrolls Florida Gulf Coast, Boswell scores career high
  • Local news

Illinois Dominates Florida Gulf Coast as Boswell Shines with Career-High Performance

CHAMPAIGN, Ill. (WCIA) – The Illinois men’s basketball team is off to…
  • Internewscast
  • November 8, 2025
Indiana Man Breaks into Ex-Girlfriend’s House, Threatens to Expose Private Videos
  • Crime

Indiana Man Accused of Breaking into Ex’s Home and Threatening to Leak Personal Videos

In an unexpected twist during his arrest, an Indiana man treated the…
  • Internewscast
  • November 8, 2025
Meghan back acting because she and Harry fear running out of money?
  • News

Meghan Markle Returns to Acting Amid Financial Concerns: Are Prince Harry and Meghan Running Out of Funds?

With a warm smile and a graceful wave, the Duchess of Sussex…
  • Internewscast
  • November 8, 2025
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