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Budget office says Trump's tax law will add $3.4 trillion to deficits, leave 10 million uninsured
WASHINGTON (AP) — President Donald Trump's tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional Budget Office reported Monday, a slight increase in the ...
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Free Malaysia Today on MSNUS budget deficit to be US$1tril higher over next decade, says watchdog
The committee for a responsible federal budget's latest forecasts show a cumulative deficit of US$22.7 trillion from fiscal ...
Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to ...
The Congressional Budget Office has confirmed President Trump’s new budget law will trigger over $500 billion in Medicare ...
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MyChamplainValley.com on MSNBudget office says GOP’s ‘big, beautiful bill’ will make rich richer, poor poorer
The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...
With President Trump’s budget reconciliation bill, the One Big Beautiful Bill Act, signed, people are wondering how the new ...
Lawmakers from both parties have so far rejected steep cuts to the National Oceanic and Atmospheric Administration (NOAA) ...
It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.
The U.S. Government Accountability Office (GAO) said this week that “pocket rescissions,” a controversial maneuver that ...
Importantly, the CRFB Adjusted August 2025 Baseline does not incorporate the dynamic effects from OBBBA nor other changes to ...
The US government has spent over a trillion dollars more than it collected in revenue during the first 10 months of the 2025 ...
Russell Vought, the White House budget director and architect of Project 2025, would have vast authority to approve or block ...
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