Congressional Budget Office

The Congressional Budget Office (CBO) is a nonpartisan federal agency that provides budget and economic information to the United States Congress. It offers objective analysis to aid in economic and budgetary decisions related to a wide array of issues facing the country. The CBO is newsworthy because its recent reports highlight significant financial implications of current events and policy decisions. Recent reports include estimates of the cost of Trump's troop deployments in US cities in 2025, projecting it to be nearly $500 million, with ongoing operations costing $93 million per month. Furthermore, the CBO's 10-year outlook projects worsening long-term federal deficits and debt, factoring in legislation like the ‘One Big Beautiful Bill Act’, higher tariffs, and immigration crackdowns. The CBO's analysis is crucial for Congress to understand the financial impact of proposed legislation and ongoing operations, making it a vital resource for informed policymaking and public awareness.