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The Congressional Budget Office reported the House’s version of the "big, beautiful bill" would add $6 trillion to the debt, then the Senate version was projected to add $3.3 trillion.
Trump's 'Big Beautiful Bill' contains roughly $4.5 trillion in tax cuts and solidified the tax cuts from Trump’s first term.
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...
Congress has passed one of the most far-reaching pieces of legislation in recent memory: the “One Big Beautiful Bill Act.” ...
The Senate Republicans’ tax and spending bill, which is speeding through the chamber, would result in deeper health care cuts ...
The House’s bill would, according to the CBO’s dynamic analysis, result in $2.77 trillion added to federal deficits over the next decade. Such projections have led certain congressional Republicans to ...
These days it seems that a mysterious group called “the CBO” rules the world. Or at least Washington. Unfortunately, they’re not ...
In early June, the Congressional Budget Office's assessment of the House GOP bill was devastating. In late June, the score on the Senate bill is worse.
The Congressional Budget Office said on Wednesday that Republicans’ One Big Beautiful Bill Act will add $2.4 trillion to the deficit. The numbers released Wednesday are the first from Congress ...
The Congressional Budget Office estimated that if the House bill were to pass as written, the deficit would increase by ...
But they should also be skeptical of any CBO deficit projection. ... meaning that CBO’s current ten-year revenue projection is likely $4 trillion off the mark. Looking back, ...
The Congressional Budget Office ... In turn, the trust fund would be exhausted sooner than CBO anticipates under current law, meaning Congress would have less time to avoid substantial benefit cuts.