Republican Reconciliation Package Will Lead to $3 Trillion Annual Deficits

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Republican Reconciliation Package Will Lead to $3 Trillion Annual Deficits

reason.com/2025/05/14/republican-reconciliation-package-will-lead-to-3-trillion-annual-deficits

The reconciliation package taking shape in the House will add at least $3.3 trillion to the debt through 2034, according to a new analysis by the Committee for a Responsible Federal Budget (CRFB). And if various "temporary" tax cuts are made permanent, the debt will increase by $5.2…

This story appeared on reason.com, 2025-05-14 21:09:50.