BREAKING NEWS
Republican Senate tax bill would add $3.3 trillion to the US debt load, CBO says
Read full article: Republican Senate tax bill would add $3.3 trillion to the US debt load, CBO saysThe changes made to President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load while resulting in even steeper losses in health care coverage, the nonpartisan Congressional Budget Office said in a new analysis, adding to the challenges for Republicans as they try to muscle the bill to passage.
What is the CBO? A look at the small office inflaming debate over Trump's tax bill
Read full article: What is the CBO? A look at the small office inflaming debate over Trump's tax billA small government office with some 275 employees has found itself caught in the political crossfire as Congress debates President Donald Trump’s “one big beautiful bill.”.
The Latest: Trump and his allies lash out at Ukraine’s Zelenskyy and suggest he may need to resign
Read full article: The Latest: Trump and his allies lash out at Ukraine’s Zelenskyy and suggest he may need to resignPresident Donald Trump’s senior aides and allies lashed out at Ukrainian leader Volodymyr Zelenskyy from Washington as he attended a European summit in London to rally international support for his military’s fight against the Russian invasion.
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
Read full article: CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cutsThe national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.
Congressional Budget Office raises this year’s federal budget deficit projection by $400 billion
Read full article: Congressional Budget Office raises this year’s federal budget deficit projection by $400 billionThe Congressional Budget Office says it projects this year’s federal budget deficit to be $400 billion higher, a 27% increase compared to its original estimate released in February.