CBO projects ‘big, beautiful bill’ would add $5 trilllion to deficit if temporary tax cuts extended

  • Posted on August 4, 2025
  • By The Hill
  • 1 Views
CBO projects ‘big, beautiful bill’ would add $5 trilllion to deficit if temporary tax cuts extended

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter Monday that the One Big Beautiful Bill Act, President Trump’s signature domes…
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