Key budget office caught in crosshairs over Biden spending plan
| Pressure 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 working quickly to pass.
The CBO score on a cornerstone of President Biden’s economic agenda will be a pivotal moment for lawmakers in the House and Senate. If the score is above $1.75 trillion, it could give Sen. Joe Manchin (D-W.Va.) and other centrists a reason to oppose the measure and to push for additional cuts. Progressives have already seen their prized $3.5 trillion measure whittled in half. |
