From Washington: The Battle of Budgets
Last week, Senate Republicans passed a $340 billion budget resolution that could pave the way for legislation to extend tax cuts implemented during President Donald Trump’s first term and add billions of dollars in Pentagon and border security spending. However, House Republicans have yet to pass their budget resolution, which is the ‘big beautiful bill’ that the President prefers, igniting a rivalry between the GOP members in both chambers. FOX News Senior Congressional Correspondent Chad Pergram joins to break it all down.
The Congressional Budget Office (CBO) was established in 1974, and since then, it has become one of the go-to sources for policy analysis considered by Congress. Although the office is supposed to be nonpartisan, Republicans have grown skeptical of its scoring. Now, some GOP members are pushing to use outside data to analyze the impacts their agenda could have on the national debt. Georgia Congressman Austin Scott (R-GA) joins to argue why using outside organizations in addition to the CBO’s baseline could be beneficial and why the CBO needs to be reformed.
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