Congressional Budget Office

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This July 24, 2018, file photo shows a portion of the 1040 U.S. Individual Income Tax Return form. (AP Photo/Mark Lennihan, File)

Deficit dismay: Federal tax revenue plummets, even as Uncle Sam keeps spending

By Stephen Dinan - The Washington Times

Speaker of the House Kevin McCarthy speaks during an event at the New York Stock Exchange in New York, Monday, April 17, 2023. (AP Photo/Seth Wenig, File)

CBO says McCarthy’s debt limit plan would cut deficits by $4.8 trillion, kick 600K off Medicaid

By Haris Alic - The Washington Times

FILE - President Joe Biden pauses as he answers a reporter's question about Ukraine after speaking about the May jobs report, June 3, 2022, in Rehoboth Beach, Del. One year ago, President Joe Biden braced for the worst as Russia massed troops in preparation to invade Ukraine. But as Russia’s deadly invasion reaches the one year mark, Kyiv stands and Ukraine has exceeded even its own expectations. (AP Photo/Patrick Semansky, File)

Team Biden: World first, America last

By Michael McKenna

How Social Security will be fixed

A Social Security card is displayed on Oct. 12, 2021, in Tigard, Ore. (AP Photo/Jenny Kane, File)

Social Security to go broke in 10 years, forcing Washington’s hand on retiree crisis

By Stephen Dinan - The Washington Times

President Joe Biden listens during a briefing with first responders and local officials in Miami, Thursday, July 1, 2021, on the condo tower that collapsed in Surfside, Fla., last week. (AP Photo/Susan Walsh) **FILE**

Biden and inflation added $3.1 trillion to federal deficit, CBO reports

By Jeff Mordock and Stephen Dinan - The Washington Times

The exterior of the Internal Revenue Service (IRS) building in Washington, on March 22, 2013. (AP Photo/Susan Walsh, File)

Tougher IRS enforcement central to Dem economic package

By Kevin Freking - Associated Press

Sunlight shines on the U.S. Capitol building in Washington in this file photo. (AP Photo/Patrick Semansky)

Fertility rates down, death rates up as pandemic upends country’s demographics

By Stephen Dinan - The Washington Times

The exterior of the Internal Revenue Service building in Washington is seen here on March 22, 2013. (Associated Press) **FILE**

Money mystery: Feds see record tax windfall, but can’t say why

By Stephen Dinan - The Washington Times

In this Aug. 3, 2020, file photo, dark clouds and heavy rain sweep over the U.S. Capitol in Washington. Congressional Democrats and the White House are rushing to discredit a forthcoming Congressional Budget Office report that will detail the cost of President Biden’s multitrillion-dollar social welfare bill and the revenue collection proposals to fund it. (AP Photo/J. Scott Applewhite, File)

Federal budget improves this year, but pain is looming, CBO says

By Stephen Dinan - The Washington Times

President Joe Biden delivers his State of the Union address to a joint session of Congress at the Capitol, Tuesday, March 1, 2022, in Washington, as Vice President Kamala Harris and Speaker of the House Nancy Pelosi look on. (Saul Loeb, Pool via AP)

Biden promises deficit will be reduced by $1 trillion by end of the year

By Jeff Mordock - The Washington Times

Sen. Joe Manchin, D-W.Va., a key vote on President Joe Biden's domestic spending agenda, gestures to reporters, Thursday, Dec. 2, 2021, while boarding an elevator on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

CBO warns Biden’s social welfare bill threatens to add $3 trillion to the deficit

By Haris Alic - The Washington Times

The U.S. Capitol dome is seen, Monday, July 9, 2018, in Washington. (AP Photo/Carolyn Kaster) ** FILE **

House narrowly passes Biden’s multitrillion-dollar social welfare bill, setting up Senate fight

By Haris Alic - The Washington Times

In this March 22, 2013, file photo, the exterior of the Internal Revenue Service (IRS) building is seen in Washington. The Treasury Department announced plans Thursday to hire 10,000 more IRS employees, which the tax agency vowed to use to try to solve an unprecedented backlog that's left millions of Americans without the refunds they believe they are owed. (AP Photo/Susan Walsh, File) **FILE**

CBO: Biden’s IRS tax-enforcement plan falls far short of White House revenue estimates

By Haris Alic and Dave Boyer - The Washington Times

President Joe Biden speaks during a news conference at the COP26 U.N. Climate Summit, Tuesday, Nov. 2, 2021, in Glasgow, Scotland. (AP Photo/Evan Vucci, File)

CBO: Funding for Biden’s social welfare bill comes up more than $367 billion short

By Haris Alic - The Washington Times

In this Aug. 3, 2020, file photo, dark clouds and heavy rain sweep over the U.S. Capitol in Washington. Congressional Democrats and the White House are rushing to discredit a forthcoming Congressional Budget Office report that will detail the cost of President Biden’s multitrillion-dollar social welfare bill and the revenue collection proposals to fund it. (AP Photo/J. Scott Applewhite, File)

Dems rush to discredit CBO ahead of potentially negative report on Biden’s social welfare bill

By Haris Alic - The Washington Times

This May 4, 2021, photo shows the Treasury Building in Washington. (AP Photo/Patrick Semansky) **FILE**

New fiscal year begins with lower federal deficit

By Stephen Dinan - The Washington Times

In this Monday, Sept. 3, 2018, file photo, a U.S. flag flies on the U.S. Capitol in Washington. (AP Photo/J. Scott Applewhite, File)

EXCLUSIVE: GOP demands CBO vet $1.75T spending bill before Dems’ party-line vote

By Haris Alic - The Washington Times

Migrants leave Ulapa, Chiapas state, late Saturday, Oct. 30, 2021. The migrant caravan heading north in southern Mexico has so far been allowed to walk unimpeded, a change from the Mexican government's reaction to other attempted mass migrations. (AP Photo/Isabel Mateos)

Citizenship path for illegal immigrants to cost taxpayers more than $500 billion

By Stephen Dinan - The Washington Times

Speaker of the House Nancy Pelosi, D-Calif., arrives to meet with the Democratic Caucus at the Capitol in Washington, early Tuesday, Nov. 2, 2021. Even as Sen. Joe Manchin, D-W.Va., is wavering over supporting President Joe Biden's $1.75 trillion domestic policy package, Democratic leaders are vowing to push ahead, with voting possible on the bill this week. (AP Photo/J. Scott Applewhite)

Moderate Democrats demand transparency from Pelosi on actual cost of Biden’s $1.75T budget bill

By Haris Alic - The Washington Times