CBO digs further into ‘Big, Beautiful Bill’ and now says it will raise deficit by $2.8 trillion
The report, produced by the nonpartisan CBO and the Joint Committee on Taxation, factors in expected debt service costs and finds that the bill would increase interest rates and boost interest payments on the baseline projection of federal debt by $441 billion. The analysis comes at a crucial moment as Trump is pushing the GOP-led Congress to act on … Read more