Congressional Budget Office

Rule Changes

Scored the reconciliation bill's SNAP cuts

SNAP is being restructured at its fastest pace since the 1996 welfare reform. Work requirements now reach adults up to 64, parents of teenagers, veterans, homeless people and former foster youth. More than 5 million people have lost some or all of their food assistance, the Center on Budget and Policy Priorities estimates, including about 2 million children.

Updated Yesterday

Money Moves

Produced the FY 2026 deficit estimate

The federal government ran a $1.993 trillion budget deficit in fiscal year 2026, which ended September 30. It is the third-largest deficit in American history, behind only the two COVID-19 pandemic years, and the largest ever recorded outside a war or recession.

Updated 4 days ago

Money Moves

Published shutdown economic impact analysis

The United States economy grew at an annualized rate of just 1.4% in the final quarter of 2025—a steep drop from 4.4% the quarter before and well below the 2.5% that forecasters expected. The Bureau of Economic Analysis (BEA) estimates that the 43-day government shutdown, the longest in American history, subtracted roughly one full percentage point from growth by itself. Federal spending fell at a 16.6% annualized rate during the quarter, dragging headline output down by more than a percentage point even as consumer spending and business investment continued to expand.

Updated May 29

Force in Play

Released cost analysis

The last time a president invoked the Insurrection Act to deploy federal troops in American cities was 1992, during the Los Angeles riots. President Trump has deployed over 10,000 National Guard troops and active-duty Marines to six cities since June 2025—without invoking that law. The Congressional Budget Office now reports the seven-month operation cost taxpayers $496 million, with ongoing deployments projected to add $93 million monthly.

Updated May 23

Rule Changes

Provides cost estimates for subsidy proposals

The House passed a three-year extension of ACA subsidies January 8, 2026, by 230-196, with 17 Republicans joining Democrats after a discharge petition bypassed Johnson's opposition. The subsidies had expired December 31, 2025, more than doubling premiums for 22 million Americans—92% of marketplace enrollees. A 60-year-old couple earning $85,000 now faces $22,600 more annually in premiums.

Updated May 19

Rule Changes

Scored Medicare obesity drug coverage at $35B over 10 years

Medicare has been banned from covering weight loss drugs since 2003. CMS launched BALANCE in December 2025, a voluntary model offering $50-per-month Ozempic and Wegovy access for 10% of Medicare enrollees starting July 2026.

Updated May 16