News

House GOP ‘big, beautiful bill’ would increase the deficit by $2.4 trillion, CBO says

todayJune 4, 2025 6

Background
share close
House Republicans’ sweeping tax and spending cuts package would increase the deficit by $2.4 trillion over the next decade, according to the Congressional Budget Office’s analysis of the bill that GOP lawmakers narrowly approved last month.

 House Republicans’ sweeping tax and spending cuts package would increase the deficit by $2.4 trillion over the next decade, according to the Congressional Budget Office’s analysis of the bill that GOP lawmakers narrowly approved last month. Read More Breaking News, Latest News and Videos | CNN 

Written by: Energy 90.5

Rate it