Daniel Bunn, the president and CEO of the nonprofit Tax Foundation, said that “there’s no point in questioning” whether the CBO was “right or not” since it did not exist, adding that “Laffer Curve logic should shape how you think about tariffs and other tax hikes.”

Estimates from the Congressional Budget Office, released Thursday, offer a detailed view into the effects on income groups.

The bill would gut billions of dollars in health care spending, and redistribute wealth from the poor to the rich.

White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.

Sir, I think it could set off a financial crisis, the likes of which we have not seen since ’08, ’09,” he said during a House Ways and Means Committee hearing Wednesday.

Trump's signature legislation comes with a price tag in the neighborhood of $3 trillion. They're all wrong, the White House says.

Their comments were an unusually public display of ambiguity towards a piece of legislation that the GOP caucus voted to advance.

Donald Trump’s "One Big Beautiful Bill Act" will slash the household resources of the poorest Americans by about $1,600 while boosting the wealthiest households by roughly $12,000, the Congressional Budget Office said in a distributional analysis released Thursday.