The GOP’s Budget Bill Will Cost Less Than Expected: Congressional Budget Office

All components of the bill will either meet their spending limits or cut more spending than required—except defense, which is over budget.

The U.S Capitol building in Washington on May 5, 2025. Madalina Vasiliu/The Epoch Times

WASHINGTON—The Congressional Budget Office (CBO) has estimated that the budget reconciliation bill being drafted by House Republicans will cost less than expected.

Republicans are using the “budget reconciliation” process to enact President Donald Trump’s sweeping policy initiatives, including tax cuts, border and energy measures.