Trump’s tax bill to widen deficit by $2.4 trillion, increase uninsured by nearly 11 million, says CBO
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.
Tesla shares plunged nearly 9% Thursday after President Donald Trump lashed out at Elon Musk over his criticism of the president’s tax and spending bill. Musk, who had once been one of Trump’s closest allies and even led a cabinet-level department, called the legislation a “disgusting...
The rift between Elon Musk and Donald Trump deepened after Musk urged his followers to oppose Trump’s budget bill, calling it an "abomination" that risks "debt..
The Musk–Trump feud has erupted into a full-blown political firestorm. Days after resigning from his White House advisory role, Elon Musk has publicly declared war on Donald Trump’s flagship..
In this episode of The Marlow Show, host Alex dives deep into what he calls “Big Beautiful Bill Day,” as the Republican-led legislative package takes center stage in Washington. Alex outlines the..
(NaturalNews) Congressional Budget Office (CBO) revises deficit forecast for Trumpâs tax bill to $2.4 trillion over 10 years. Elon Musk denounces bill as... NaturalNews.com
The CBO projects a $2.4 trillion increase in the national debt over the next decade due to Republican tax cuts and program cuts, raising concerns about... IndiaTimes
Wednesday, 4 June 2025 ()
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