'Fantasy math' masks tax bill's U.S. debt impact, GOP lawmaker said. What the deficit means for your money

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'Fantasy math' masks tax bill's U.S. debt impact, GOP lawmaker said. What the deficit means for your money

cnbc.com/2025/06/02/what-the-national-debt-deficit-mean-for-your-money.html

The massive package of tax cuts House Republicans passed in May is expected to increase the U.S. debt by trillions of dollars — a sum that threatens to torpedo the legislation as the Senate starts to consider it this week.
The Committee for a Responsible Federal Budget estimates the…

This story appeared on cnbc.com, 2025-06-02 18:33:37.