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House GOP ‘big, beautiful bill’ would increase the deficit by $2.4 trillion, CBO says
House Republicans’ sweeping tax and spending cuts package would increase the deficit by $2.4 trillion over the next decade, according to the Congressional Budget Office’s analysis of the bill that GOP lawmakers narrowly approved last month.
Elon Musk criticized the Republican tax cut bill as a "disgusting abomination" due to its effect on federal budget deficits, ...
The "One Big Beautiful Bill Act" would raise U.S. debt by more than $3 trillion over a decade, research finds, likely ...
Lawmakers are sprinting to pass the package by July 4, but it won't be easy to overcome concerns about spending and Medicaid ...
The major tax bill that Republicans hope to pass through the House later this week will require the federal government to ...
Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future ...
The House speaker says the CBO missed by $1 trillion, but even the CBO couldn’t predict a pandemic.
Multiple analyses project that the bill would increase deficits by $3 trillion to $4 trillion over the next decade.
President Donald Trump on Tuesday blasted Sen. Rand Paul after the Kentucky Republican criticized the massive Trump-backed ...
White House officials argue that fears about the bond market are overstated and that warnings about the deficit impact of ...
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