GOP Clashes Over Budget and Debt Warnings Amid Disputes

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Source: Politico
GOP Clashes Over Budget and Debt Warnings Amid Disputes
Photo: Politico
TL;DR Summary

Senate Republicans are pushing a large tax and spending bill despite warnings from economists and the Congressional Budget Office that it would significantly increase the deficit and national debt, with some estimates suggesting it could add up to $2.8 trillion over a decade. GOP leaders rely on optimistic White House projections of economic growth to justify the bill, while critics argue these estimates are unrealistic and could lead to higher interest rates and borrowing costs.

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