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Senate tax bill would add $3.3 trillion to U.S. deficits, CBO says

Upworthy 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…
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Video Credit: Oneindia - Published
News video: Trump’s $3.3t Tax Bill Faces Senate REVOLT As Renewable Cuts Trigger Backlash | Debt Panic Grows

Trump’s $3.3t Tax Bill Faces Senate REVOLT As Renewable Cuts Trigger Backlash | Debt Panic Grows 03:21

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...

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