CBO Backs Key Committee Findings on Economic Costs, Systemic Risks of Climate Change

Washington, D.C.— Climate change is poised to increase prices for families, erode property values, and destabilize the entire economy, confirmed the nonpartisan Congressional Budget Office (CBO).  In a new, wide-ranging report, published at the request of Chairman Sheldon Whitehouse (D-RI), CBO backed key findings from the Committee’s examination of the costs that climate change is […]

Trump’s Tariffs Would Boost Inflation, Shrink the Economy, CBO Finds

Washington, D.C. – Trump’s tariffs, which he proposed on the campaign trail, would hike prices on everyday goods and shrink the economy, according to a new estimate from the nonpartisan Congressional Budget Office (CBO).  The estimate was requested by Senate Budget Committee Chairman Sheldon Whitehouse (D-RI), Senate Majority Leader Chuck Schumer (D-NY), and Senate Finance […]