House-passed Trump bill would add trillions to debt even when accounting for growth: CBO
The House-passed version of President Trump's tax cut and domestic policy bill would add $3.3 trillion to the national debt, even when accounting for its impact on economic growth, according to an analysis released Tuesday by the Congressional Budget Office (CBO).
CBO's "dynamic" estimate, which factors in how the bill's policies would affect economic growth, found that the One Big Beautiful Bill Act would add $3.3 trillion to the national debt by........
© The Hill
