- Administration goals are clashing with the fiscal reality presented by the CBO, which tracks the federal deficit exceeding 5% of GDP.
- A law was signed by Donald Trump on July 1, 2026, which incorporated estimates produced by the Congressional Budget Office.
- Trump is attempting to incorporate costs into a spending bill, involving the Congressional Budget Office.
Michael Cloud and the Congressional Budget Office propose an act requiring cost estimates to be included in legislation.
1 report, 1 independent
Updated Sep 14
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What happened
Michael Cloud and the Congressional Budget Office propose an act requiring cost estimates to be included in legislation.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Trump is attempting to incorporate costs into a spending bill, involving the Congressional Budget Office.Also in this story
- The Peterson Institute modeled GDP loss from deportations, while the CBO estimated tax revenue cuts resulting from immigration arrivals.
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The entities involved
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Congressional Budget Office
government agency
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Michael Cloud
American politician (born 1975)
Nothing else this week.
Related events
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