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Trump’s tax bill to widen deficit by $2.4 trillion, increase uninsured by nearly 11 million, says CBO

IndiaTimes Wednesday, 4 June 2025
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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