U.S. Congressional Budget Office
Recent News About U.S. Congressional Budget Office
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CBO announces $420 billion price tag on Biden's loan forgiveness plan, supported by Sen. Warnock: Described as 'horrifying political math'
Phillip Swagel, director of the Congressional Budget Office, recently wrote a letter to the ranking Republicans on the House and Senate education committees, in response to their request for a cost estimate for President Biden’s unilateral student-loan forgiveness plan.
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JPMorgan economists: Inflation Reduction Act, supported by Warnock, will have 'almost no effect' on price growth
The Democrats' $750 billion climate and health care bill, called the Inflation Reduction Act of 2022, was signed into law by President Biden on Tuesday but some budget analysts and JPMorgan economists say the legislation will have little near-term effect on the nation's economic problems.
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Warnock mum on inflation concerns, Build Back Better Act
U.S. Sen. Raphael Warnock did not respond to a query about whether the Biden Administration’s Build Back Better Act should pass the Senate in spite of what some estimate will be $3 added trillion to the national debt.
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Georgia economist warns inflation will 'impact lower income earners' more
The U.S. Department of Labor released data that showed inflation is currently increasing at a rate not seen since 2008, Forbes reported, which a Georgia Public Policy expert said is a cause for concern.