Democrats face squeeze on Biden’s spending bill

Democrats face squeeze on Biden’s spending bill

This post was originally published on this siteSenators are bracing for their debate over President Biden’s climate and social spending bill to keep them in Washington until, and potentially into, the holidays. The timeline for the legislation has repeatedly slipped, but Democrats say they…

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Key budget office caught in crosshairs over Biden spending plan

Key budget office caught in crosshairs over Biden spending plan

This post was originally published on this sitePressure is mounting on the chief agency tasked with scoring the budgetary impact of legislation, as the Congressional Budget Office (CBO) crunches the numbers for a sweeping $1.75 trillion social spending and climate package that Democrats are…

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CBO: Cost estimate for spending bill will be released ‘as soon as practicable’

CBO: Cost estimate for spending bill will be released ‘as soon as practicable’

This post was originally published on this siteCongressional Budget Office (CBO) Director Phillip Swagel said Tuesday that the office will start releasing estimates of portions of House Democrats’ social-spending bill this week, and that a cost estimate of the full bill will come out “as soon as…

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