Senate tax bill would add $3.3 trillion to U.S. deficits, CBO says
Sunday, 29 June 2025 () The Senate version of President Donald Trump’s tax and spending measure would add nearly $3.3 trillion to US deficits over a decade, according to a new estimate from the nonpartisan Congressional Budget Office. The CBO score for the so-called One Big Beautiful Bill reflects a $4.5 trillion…
President Donald Trump’s $3.3 trillion tax and spending bill has hit turbulence in the U.S. Senate. Senate Majority Leader John Thune is racing to meet Trump’s July 4 deadline, but faces internal GOP divisions. At least eight Republican senators oppose key parts of the bill, ranging from Medicaid...
There’s a tense battle going on in the Senate right now over President Trump’s Big, Beautiful Bill. Key issues include $330B in Medicaid cuts targeting able-bodied individuals, sparking concerns..
Donald Trump called Elon Musk a “wonderful guy” even after the Tesla CEO publicly criticized his $3.3 trillion tax and spending bill, slammed the $5 trillion debt ceiling hike, and even linked..
The White House is doubling down on President Donald Trump’s controversial "$3.3 trillion Big Beautiful Bill,” calling it the largest tax cut in American history. At a press briefing, the Press..