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Congressional Budget Office
Trump tax law to add $3.4 trillion to deficit, leave over 10M uninsured by 2034 – Budget Office reveals
A new report from the Congressional Budget Office (CBO) reveals that President Donald Trump’s tax and spending legislation, signed into law on July 4, will increase federal deficits by $3.4 trillion through 2034. The updated projection includes last-minute amendments Republicans made to secure passage of the controversial bill. The legislation, which extends individual tax rates…
