7 Articles
7 Articles
Sen. Mark Warner Says the More the “big ugly bill gets exposed, the uglier it becomes”; “if interest rates go up simply 1% more…this $2.4 trillion deficit more than triples”
See below for video and a few highlights from Sen. Mark Warner's weekly press availability (bolding added by me for emphasis of key points). "What's dominating the news now is that this big ugly bill that passed the House by one vote is now in front of the the Senate, and as we've seen the...
Trump’s tax bill would add $2.4tn to US debt, says non-partisan analysis
The Congressional Budget Office warns Trump’s ‘one big, beautiful bill’ will leave 10.9 million uninsured by 2034Donald Trump’s signature tax bill would blow a $2.4tn hole to America’s national debt over the next decade, according to a Congressional Budget Office analysis.The non-partisan budget office said on Wednesday that Trump’s “one big, beautiful bill” would decrease federal revenues by $3.67tn while cutting spending by $1.25tn through 203…
Trump’s tax bill to widen deficit by $2.4 trillion, increase uninsured by nearly 11 million, says CBO
The Congressional Budget Office (CBO) projects that President Trump's tax and spending bill will cut taxes by $3.75 trillion while increasing federal deficits by $2.4 trillion over the next decade. It also estimates that millions will lose health insurance, and federal outlays will decrease.
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