Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. President Donald Trump holds his signed signature ...
The “big, beautiful bill” that President Trump signed into law earlier this month will add nearly $3.4 trillion to the nation’s deficits over roughly the next decade, the Congressional Budget Office ...
WASHINGTON — President Donald Trump’s “big, beautiful bill,” which he signed into law this month, will add $3.4 trillion to the U.S. national debt over the next decade, according to a report the ...
The massive tax cut and spending bill passed by the Senate this week is expected to add trillions of dollars over the next decade to an already hefty federal debt. But bean counters all agree: The ...
Update (7/2/2025): The analysis below has been updated based CBO's initial estimate of the Senate-passed bill and JCT's estimate of the Senate-passed revenue changes. After 2025 (which is driven by ...
The updated findings from the Congressional Budget Office amounted to the latest dour report card for the president’s signature legislation. By Tony Romm Reporting from Washington House Republicans’ ...
The bill, and its deficit impact, are changing as Congress negotiates. However, multiple independent analyses project that if implemented, the bill would increase deficits by $3 trillion to $4 ...
Over the four years of President Biden’s term – from January 2021 through January 2025 – we estimate that he approved $4.7 trillion in new ten-year debt through legislation and executive actions. The ...
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