The GOP Tax Bill Will Add $2.3 Trillion to the Deficit, CBO Says

reason.com/2025/05/21/the-gop-tax-bill-will-add-2-3-trillion-to-the-deficit-cbo-says

The major tax bill that Republicans hope to pass through the House later this week will require the federal government to borrow more heavily for the next five years, while postponing spending cuts and other deficit-reducing measures until 2028 or beyond.
In many cases, those future…

This story appeared on reason.com, 2025-05-21 20:10:21.
The Entire Business World on a Single Page. Free to Use →