CBO: GOP Tax and Bill Policies Could Add Over $3.4 Trillion to US Debt and Reduce Coverage
TL;DR Summary
A recent report from the Congressional Budget Office estimates that President Trump's signed law will add $3.4 trillion to the US national debt over the next decade, increase the number of uninsured Americans by 10 million, and includes significant tax cuts, spending increases, and cuts to social programs, with mixed political reactions.
- Trump's 'big beautiful bill' will add $3.4 trillion to the debt, CBO says NBC News
- GOP megabill’s final score: $3.4T in red ink and 10 million kicked off health insurance, CBO says Politico
- New estimate shows 10 million to lose coverage under GOP law Axios
- Trump’s Tax Law Will Add $3.4 Trillion to US Deficits, CBO Says Bloomberg.com
- Republican Senate tax bill would add $3.3 trillion to the US debt load, CBO says The Daily Progress
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